AT&T Has Acquired Home Automation Company Xanboo
AT&T has acquired home automation company Xanboo, part of a spate of activity which could lead to energy management services from broadband providers. Xanboo provides homeowners with a system for managing connected devices, such as security cameras and controllers, from a smartphone, TV, or PC. CEPro reported the acquisition yesterday (hat tip to Earth2Tech). The deal follows Motorola's announcement last week that it has bought home automation company 4Home, in which Verizon also had invested. Earlier this year, iControl and uControl merged their product offerings, which are expected to be used as part of Comcast's Xfinity home security service. Internet broadband providers are pushing into home automation to expand their product offerings as a way to retain customers. They expect that consumers will be willing to pay for security services, where people can access cameras and door alarms from a PC, TV, or smartphone. An AT&T representative today said it is too early to discuss specific offerings around the Xanboo technology. "We see synergies between Xanboo's technology and our offerings for consumers and small businesses. Xanboo's monitoring services are a natural extension of our high-speed Internet, video, and voice offerings and a good fit for our wireless services," she said.
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