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October 19, 2017 11:26 am GMT
The smart home market continues to heat up, and the legacy giants do not want to get locked out: quite literally. This morning, Assa Abloy, the $23 billion Swedish lock giant that owns Yale and many other brands — announced this morning that it is buying US-based smart lock maker August Hometo double down on new technology. Terms of the deal are not being disclosed but we have asked… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/J7aAhrLoqyk/
Swedish lock giant Assa Abloy acquires August Home
The smart home market continues to heat up, and the legacy giants do not want to get locked out: quite literally. This morning, Assa Abloy, the $23 billion Swedish lock giant that owns Yale and many other brands — announced this morning that it is buying US-based smart lock maker August Hometo double down on new technology. Terms of the deal are not being disclosed but we have asked… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/J7aAhrLoqyk/
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