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Samsung Acquires SmartThings Startup

Samsung has officially acquired the startup SmartThings for around $200 million. SmartThings builds… smart things like light switches, water sensors, or door locks, all packaged up and prepped to hook into their iOS/Android app, which lets you control and monitor these devices from afar. http://techcrunch.com/2014/08/14/smartthings-acquired-by-samsung-for-around-200-million/ #tech

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