Amazon acquires Eero to drive smart home devices strategy
Amazon has unveiled that it has acquired Eero, a San Francisco-based company that makes mesh-networked routers.
Amazon says that buying Eero will allow the company to “help customers better connect smart home devices” and it will also make Alexa-compatible gadgets more simple to set up.
Eero uses multiple access points to overcome coverage issues and dead zones associated with traditional routers. In doing so, it's able to blanket an entire home or apartment with a strong Wi-Fi signal.
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“We are incredibly impressed with the Eero team and how quickly they invented a WiFi solution that makes connected devices just work,” said Dave Limp, Amazon’s SVP of devices.
“We have a shared vision that the smart home experience can get even easier, and we’re committed to continually innovating on behalf of customers.”
To date, Eero has raised around $90mn in venture capital funding.
The financial terms of the acquisition were not disclosed.
Commenting on the deal, Eero co-founder and CEO, Nick Weaver, added: “From the beginning, Eero’s mission has been to make the technology in homes just work.
“We started with WiFi because it’s the foundation of the modern home. Every customer deserves reliable and secure WiFi in every room.
“By joining the Amazon family, we’re excited to learn from and work closely with a team that is defining the future of the home, accelerate our mission, and bring Eero systems to more customers around the globe.”
The deal comes after Amazon acquired video-doorbell company Ring for more than $1bn in 2018 and security-camera company Blink in late 2017.