LG Acquires Athom to Revolutionize AI-Enabled Intelligent Spaces
July 13, 2024, 4:04 am
Location: Argentina, Mendoza
LG Electronics has made a groundbreaking move by acquiring an 80 percent stake in Athom, a leading smart home platform company. This strategic acquisition aims to enhance LG's connectivity within open smart home ecosystems and lead the AI-driven home innovation era. By integrating Athom's capabilities with LG's Affectionate Intelligence technology, LG plans to create personalized AI homes that cater to customers' preferences and lifestyle.
LG's vision is to expand the concept of 'Intelligent Space' beyond homes to various spaces where customers spend their time, such as commercial spaces and mobility environments. Athom, known for its smart home hub 'Homey,' has gained a loyal customer base over the past decade and offers a wide range of applications for connecting and controlling home devices.
The integration of Athom's open ecosystem with LG's AI technology will provide deeper insights into customer usage patterns and accelerate the delivery of personalized services. This acquisition marks a significant step for LG's AI home business, transitioning the company from a hardware-focused to a software-based platform business.
LG's commitment to establishing continuous relationships with customers through connected devices underscores its transformation into a 'Smart Life Solution Company.' With the global smart home market projected to grow exponentially, LG's strategic investments in intelligent space solutions position the company as a leader in revolutionizing living spaces.
LG Electronics, a global innovator in technology and consumer electronics, is set to redefine the way we experience and interact with our living spaces. With a focus on innovation and customer-centric solutions, LG is paving the way for a future where AI-enabled intelligent spaces enhance our daily lives.
LG's vision is to expand the concept of 'Intelligent Space' beyond homes to various spaces where customers spend their time, such as commercial spaces and mobility environments. Athom, known for its smart home hub 'Homey,' has gained a loyal customer base over the past decade and offers a wide range of applications for connecting and controlling home devices.
The integration of Athom's open ecosystem with LG's AI technology will provide deeper insights into customer usage patterns and accelerate the delivery of personalized services. This acquisition marks a significant step for LG's AI home business, transitioning the company from a hardware-focused to a software-based platform business.
LG's commitment to establishing continuous relationships with customers through connected devices underscores its transformation into a 'Smart Life Solution Company.' With the global smart home market projected to grow exponentially, LG's strategic investments in intelligent space solutions position the company as a leader in revolutionizing living spaces.
LG Electronics, a global innovator in technology and consumer electronics, is set to redefine the way we experience and interact with our living spaces. With a focus on innovation and customer-centric solutions, LG is paving the way for a future where AI-enabled intelligent spaces enhance our daily lives.