LG Acquires Homey To Boost ThinQ And Rival Samsung SmartThings
LG Electronics has announced the acquisition of an 80% stake in Athom, a Dutch company renowned for its smart home platform, Homey. LG plans to acquire the remaining 20% over the next three years. This move aims to enhance LG’s ThinQ smart home platform, positioning it to better compete with Samsung’s SmartThings, a leading player in the smart home market.Homey, established in 2014, supports over 50,000 smart home devices from […]