Legrand Acquires Smart Home Company Netatmo

Legrand, the world’s largest manufacturer of switches and sockets, has purchased Netatmo, a French startup that makes smart home devices like cameras, security systems, and thermostats. Founded in 2011, Netatmo has 1.3 million active products all over the world and annual sales of about €45 million.

Legrand Has Acquired Smart Home Company Netatmo

Legrand has been a shareholder of Netatmo since 2015 and already, the two companies have created smart home solutions like “Céliane with Netatmo,” smart switches and power outlets currently available in France and Italy. Using Netatmo’s smart home technology, users can control their switches and outlets verbally through Google Assistant or Siri, or manually through the Netatmo app. Another of their collaborations is smart switch and power outlet line Legrand Dooxie with Netatmo.

Moving forward, the Legrand-Netatmo partnership aims to “develop new products and update our existing products with the same care, offering the best smart home experience to our users,” according to Fred Potter, founder and president of Netatmo. Legrand wants to integrate Netatmo’s smart home technologies into its home infrastructures and expand further into the smart home market. The company also hopes to speed up the development of Eliot, its program for connected devices. Once the acquisition is complete, Potter will become the Chief Technology Officer of the Eliot program.

For Netatmo’s current customers, nothing will change- the Netatmo brand, products, and customer support will stay the same.

The acquisition of Netatmo by Legrand cements our smart home promise and our ambition to see our solutions adopted by the greatest number of users,”

explains Potter of the collaboration.

Netatmo is no stranger to brand partnerships. In the past, they’ve partnered with Muller Group to create Muller Intuitiv with Netatmo, which integrates electric radiators into smart home systems. They’ve also partnered with Vaillant to make smart thermostats and VELUX Group to create remote controllable windows, blinds, and shutters.

Increasing, home builders are integrating connected devices into their infrastructures. Amazon recently invested in Plant Prefab, a company that makes custom prefabricated homes, in order to integrate Alexa into its construction plans. Given the rapid expansion of smart home automations, it’s no surprise that companies want to be built into the fabric of homes and offices.

If you’re interested in learning more about Netatmo, check out our review of the Netatmo Welcome Indoor Security Camera or watch the video below.

Aliza Vigderman

Aliza Vigderman

Aliza is a journalist living in Brooklyn, New York. Throughout her career, her work has spanned many intersections within the tech industry. At SquareFoot, a New York-based real estate technology company, she wrote about the ways in which technology has changed the real estate industry, as well as the challenges that business owners face when they want to invest in property. At Degreed.com, an education technology website, Aliza created digital content for lifelong learners, exploring the ways in which technology has democratized education. Additionally, she has written articles for The Huffington Post as well as her own content on Medium, the online publishing platform. Aliza’s love of journalism and research stems from the excellent Journalism program at Brandeis University. At Brandeis, Aliza interned as a research assistant at the Schuster Institute for Investigative Journalism, a non-profit “news room without walls”. There, Aliza was paired with an investigative journalist and used academic databases to obtain data on everything from the suicide rates in Bhutan to local Boston court cases. Her last position was as an account executive at Yelp, educating business owners on the power of technology to increase revenue. Throughout, however, her heart remained with tech journalism, and she’s thrilled to be writing for Security Baron. When she’s not keeping afloat of the latest tech trends, Aliza likes to cook, read, and write. A former high school “Class Clown,” Aliza has completed two feature-length screenplays, a pilot, and countless comedic sketches. On her days off you can find her relaxing in Prospect Park, trying the latest flavors at Ample Hills Ice Cream, and spending time with friends and family.

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