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Wednesday, December 10, 2014

Tech companies race for advantage in 'smart' home market

Samsung, according to TechCrunch, is in talks to buy home automation company SmartThings for $200 million. As of my deadline, the deal hadn't been confirmed, but if it goes through, it would put the giant Korean electronics company in direct competition with Apple and Google.

But even if this deal doesn't pan out, you can be sure that Samsung -- along with just about every other consumer electronics company -- will be entering this market.

Although technically the term "home automation" could apply to any labor-saving device, including dishwashers and washing machines, in today's world it means remote control and monitoring of home appliances, lights, doors, security and entertainment systems.

Read more: http://www.mercurynews.com/business/ci_26175781/magid-tech-companies-race-advantage-smart-home-market

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