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Samsung acquires smart home developer SmartThings
2014-08-15 08:55:00| Telecompaper Headlines
(Telecompaper) Samsung has acquired the maker of smart home gadgets SmartThings. The California-based company will continue to operate independently, from within Samsung's Open Innovation Center group. SmartThings, which started out with funding from Kickstarter, said joining Samsung will give it the scale to expand its base of developers and enhance its products for wider distribution. SmartThings' main product is a home hub that connects to sensors placed around the house to control locks, light switches, outlets, thermostats, and other compatible devices. The devices can be monitored and controlled over an app on a smartphone. While no financial details of the takeover were disclosed, TechCrunch reports that SmartThings sold for around USD 200 million.
Tags: home
samsung
smart
developer
Abbott Label acquires Brandt Affixing
2014-08-15 07:00:00| Label and Narrow Web Breaking News
Both companies adhere to a strict trade-only sales policy, with no direct sales to end users.
Tags: label
brandt
abbott
acquires
Gannett Fleming Acquires Electrical Design-Build Contractor: Two Firms Join Forces To Create A Powerhouse Team Of Electrical Design And Construction
2014-08-15 06:48:11| econline Home Page
Gannett Fleming has acquired the business of Innovative Engineering, Inc., anelectrical design-buildcontractor doing business as IETC and headquartered in York, Pennsylvania
South Korea\'s Hansol Group acquires Telrol
2014-08-14 07:00:00| Label and Narrow Web Breaking News
The largest paper manufacturing company in Korea now has a foothold in the European self adhesive labeling sector.
Tags: group
south
acquires
koreas
Golden State Foods acquires Snap Fresh Foods
2014-08-14 01:00:00| Food Processing Technology
US-based Golden State Foods has acquired Snap Fresh Foods, a New Zealand-based provider of salad greens, vegetable mixes, baby-peeled carrots, fresh sprouts, dressings and condiments.
Tags: state
fresh
golden
foods
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