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LIFESTYLESCIENCE AND TECHNOLOGY

Samsung Acquires Another Company In ‘Smart Home’ Push

Electronics giant, Samsung, has announced the acquisition of American air conditioner distributor Quietside as part of its push to strengthen its “smart home” business.

It is the South Korean firm’s second such acquisition within a week after it said it had purchased SmartThings, a US-based platform developer which builds apps that allow users to monitor, control and automate devices at home.

So-called “smart homes” enable users to control multiple household appliances from a mobile device and are an area of increasing focus for technology companies like Samsung Electronics, the world’s biggest maker of smartphones.

Financial details of the deal haven’t been made public, though it is understood that Samsung acquired 100% of Quietside

“Because air conditioning products are a necessity in all buildings, including homes and offices, this acquisition is expected to be of help to our future smart home business,” Samsung Electronics said in a statement.

Samsung Electronics aims to become the world’s top home appliances maker by 2015, ahead of Whirlpool Corp. Quietside, which has around 500 stores in the United States, sells air conditioners for homes and offices.

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