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Why did SmartThings sell to Samsung?

15
Aug
2014

It was just two years ago that home-automation company SmartThings began life as a Kickstarter project. Yesterday, Samsung scooped it up for a reported $200 million — a sign of how valuable big companies believe the connected-device market will become. We spoke to Alex Hawkinson, SmartThings co-founder and CEO, and David Eun, an executive vice president at Samsung.

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