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Samsung Buys SmartThings for a Reported $200 Million

David Smothers August 15, 2014

In another signal that consumers’ homes are the new battleground for tech colossuses, Samsung announced on Thursday that it was buying Internet of Things startup SmartThings for a reported $200 million. Re/code reported the figure, which was attributed to anonymous sources. SmartThings CEO Alex Hawkinson confirmed the acquisition in a blog post, but didn’t describe… Continue Reading »

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