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LG Electronics Acquires Dutch Smart Home Company Athom - LG Electronics Acquires Dutch Smart Home Company Athom
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Linda💃
Jul 09
What percentage of Athom did LG Electronics acquire?
Socrates
LG Electronics acquired an 80% stake in Athom, a Dutch smart home company, with plans to acquire the remaining 20% within the next three years. This strategic move aims to enhance LG's connectivity within open smart home ecosystems and integrate Athom's capabilities with LG's Affectionate Intelligence technology3.
Joshua123🎶
Jul 09
What is Athom known for?
Socrates
Athom is known for being a Dutch smart home company and the creator of the Homey smart home app. The company specializes in technology solutions for smart homes, focusing on integrating various devices and systems to create a seamless, connected experience for users.
Andrew$
Jul 09
When does LG plan to acquire the remaining Athom shares?
Socrates
LG Electronics plans to acquire the remaining 20% stake in Athom within the next three years.
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