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SmartThings
SmartThings was founded in 2012 through a Kickstarter crowdfunding campaign, launching as an independent smart home hub company before Samsung acquired it in 2014 for a reported $200 million, giving the South Korean electronics giant a dedicated smart home platform. The SmartThings hub was designed specifically as a universal connectivity layer capable of communicating with devices using multiple different wireless protocols, including Zigbee and Z-Wave, letting users control a wide range of third-party smart home devices from competing manufacturers within a single unified app. Samsung integrated SmartThings technology directly into its broader consumer electronics lineup, including its smart televisions and home appliances, positioning SmartThings as the connective backbone linking Samsung's own hardware ecosystem together with third-party smart home devices. SmartThings's combination of its crowdfunded origins and its subsequent role as Samsung's central smart home integration platform has made it one of the most technically ambitious multi-protocol smart home hubs in the industry.
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Google Nest
Nest was founded in 2010 by former Apple engineers Tony Fadell and Matt Rogers, launching the Nest Learning Thermostat in 2011, a device that used machine learning to automatically adjust home temperature based on observed household patterns rather than requiring manual scheduling. Google acquired Nest in 2014 for approximately $3.2 billion, one of Google's largest acquisitions at the time, and the company's product line was later folded more directly into Google's broader hardware division alongside Google Home smart speakers under the unified Google Nest brand. Nest's product line expanded significantly beyond its original thermostat into smart smoke detectors, security cameras, and video doorbells, positioning the brand as a comprehensive smart home ecosystem competing directly against Amazon's Alexa-based device network. Google Nest's combination of its origins in Apple engineers' machine-learning thermostat innovation and its landmark $3.2 billion acquisition by Google has made it one of the most historically significant smart home brands in the industry.
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