Smart-home technology is multi-billion-dollar business in Europe

Zonoff has uniquely positioned itself as the Switzerland of home automation management - with software able to merge the operations of thermostats, lights, door locks, cameras, security monitoring and sound systems that operate on a mix of signaling platforms (ZigBee, Z-Wave, WiFi, Bluetooth) often in conflict.

Still, the landscape and competition its game plan has faced in the U.S. has been challenging.

Two weeks ago, home office retailer Staples threw in the towel on the Staples Connect home automation gear, which used "white label" (unbranded) Zonoff software to steer the system hub.

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