Samsung might have acquired SmartThings, a home-automation platform, for $200 million

The rumor mill says that Samsung might have also jumped on the home automation bandwagon, as recent reports indicate that the giant has acquired SmartThings. The latter is a connected-home startup that derives from Kickstarter, but is a quickly-growing company at the moment. SmartThings allows you to conveniently control smart home gadgets, such as the likes of lights and door locks, with your smartphone. 

It is speculated that acquiring SmartThings cost Samsung around $200 million, but this is might be a pretty good price for the fully-developed SmartThings platform. Thus, the only thing that Samsung probably has to do is start up its marketing machine and make the home automation platform more desirable to the average consumer.