British Gas Buys UK Smart Home Pioneer AlertMe In $100M Deal

The connected home may still be a distant mirage for most average consumers, but in the meantime the technology is becoming big business. Today, British Gas announced it will buy AlertMe, a developer of platforms for running various domestic “smart” devices, in a deal worth £65 million ($100 million), lining up the energy company to provide smart services covering heating, lighting and more. The net cost to British Gas and its owner Centrica will be £44 million ($68 million), after accounting for an existing 21% investment in the company.
 
In addition to being an investor, British Gas was a user of its services, specifically in its Hive product, which lets you control your heating and hot water remotely. Hive is in use by 150,000 customers today.
 
Smart home technology may sound like a novelty to some, but it is more than that. It is a way of improving the efficiency and cost associated with energy use, and in many cases it can make everyday life simpler and easier for people.
 
Founded in 2006, Cambridge, UK-based AlertMe was an early mover in connected home technology — the idea of giving “dumb” services like your heating a network connection that helps calibrate and control them in a more efficient way. (And here’s an interesting fact: AlertMe was a partner of Google’s in one of the search giant’s earliest attempts to tackle the smart home, the now-defunct Powermeter.)

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The Internet of Anything: The Startup Bringing the Smart Home to Apartment Renters

From Klint Finley for Wired.com:  Smart homes are here.
You can use motion sensors to trigger smart light switches. You can program smart thermostats to warm only the rooms that people are actually using. You can even control smart power outlets with your mobile phone, setting appliances to turn on and off at certain times of day.
 
The problem is that all this gear is pretty expensive. And generally, you’re forced to install each system by hand—or hire someone to do it, which makes things even more expensive. And if you’re renting? Forget about it. These devices are almost completely out of reach you’re not allowed to retrofit your home.
 
All those barriers make it particularly difficult for young people to embrace what we now call the Internet of Things—and they’re typically the ones who are most interested in experimenting with new technologies. Sce Pike, the co-founder of the Portland, Oregon-based startup IOTAS, points out that only 36 percent of people under the age of 35 own their own homes, according to the chief economist for the National Association of Realtors.
 
But Pike and IOTAS aim to solve this problem. The company works with real estate developers to build Internet-of-Things tech into apartment buildings, so that renters get access to it without having to pay upfront costs. The idea is to bring the smart home to everyone, to finally push it into the mainstream.
 
IOTAS is starting simple, with motion sensors, light switches, and power outlets. Using the company’s mobile app, you can create custom rules for your apartment. You could have IOTAS turn off all your apartment’s lights when you go into your bedroom after 10pm. Or maybe even tell it to blink your kitchen lights when you get a text message from your boss.
 
The system operates via a central online service. This could be included with your rent, or offered for an additional fee, like a utility. If you opt-out of the service, all the lights and outlets would still work just as they do in a normal apartment. And if your internet connection goes down—or if the cloud service can’t be reached—existing rules will still work. You just won’t be able to create new ones or use the app as a remote control.  Cont'd...

 

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iDevices Raises Additional Capital to Expand Market Leadership

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New mobile research shows new handsets and no-contract options are helping to drive upgrades

Control4 Introduces New Whole-Home High-Definition Video Intercom, Intuitively Smart Climate Control, and Elegant High-Performance Touch Screens

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Time Warner Cable IntelligentHome Gears Up For "Internet of Things" With Smart Door Locks And Smart Lighting Available At BestBuy.com

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