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Flex , the sketch-to-scale™ solutions company that designs and builds intelligent products for a connected world, has entered into an agreement to acquire Wink, the smart home platform that enables smart products to work together seamlessly, and connect and communicate globally.
Upon completion of the acquisition, Flex will enhance its strategy of driving the Intelligence of Things™, and helping the world Live smarter™. Wink improves the functionality and usefulness of disparate devices in the home by allowing them to communicate with each other, while enhancing usability through a shared common interface in the Wink mobile app.
Flex has been a strategic partner to Wink, serving as their primary supplier of hardware and firmware, including the Wink HUB and Wink Relay, which include core IP developed within Flex. After the acquisition, Wink will remain a separate entity and corporation, with its own management structure for day-to-day activities and operations. Flex will look to leverage Wink's platform and provide current and future Flex customers with improved connectivity in a rapidly expanding open ecosystem. Full Press Release:
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