LG Acquires Athom to Enhance ThinQ Smart Home Ecosystem
The acquisition integrates Athom's Homey platform, expanding connectivity and AI capabilities for LG's smart home devices.
- LG has acquired an 80% stake in Athom, with plans to purchase the remaining 20% within three years.
- Athom's Homey platform connects over 50,000 devices, supporting various methods like Wi-Fi, Bluetooth, Z-Wave, Matter, and Thread.
- The integration aims to create personalized AI home environments by linking Athom's extensive device connectivity with LG's ThinQ platform.
- Athom will continue to operate independently, with its founders remaining as executives.
- The move positions LG to compete more directly with Samsung's SmartThings platform.