Amazon is set to acquire home mesh wi-fi networking startup eero in a move that could set the stage for the US$781 billion company to extend its reach deeper into the network world.
Founded in 2014, eero offers products and services for high-performing, reliable and simple home wi-fi by using multiple access points that work together as a system. Eero competes against Google wi-fi, Linksys and Netgear.
Financial terms of the deal were not disclosed. Amazon did not respond to a request for comment by press time.
Eero customers can customise an eero system to meet the needs of their home—regardless of shape or size —eliminating dead zones, ensuring perfect streaming video in every room, and delivering the bandwidth all connected devices need.
Eero TrueMesh software was built from the ground up to work perfectly with eero hardware. The company said by leveraging machine learning and data collected from hundreds of thousands of homes, TrueMesh’s dynamic routing algorithms ensure there isn’t a home layout or connected device eero hasn’t encountered before.
With the eero app, customers can set up the system in under 10 minutes, share their network, program parental controls, and run speed tests on demand. In addition, eero communicates with the cloud to receive instructions and updates.
“We are incredibly impressed with the eero team and how quickly they invented a wi-fi solution that makes connected devices just work,” said Dave Limp, senior vice president of Amazon Devices and Services, in a statement. “We have a shared vision that the smart home experience can get even easier, and we’re committed to continue innovating on behalf of customers.”
The San Francisco-based company sells direct from eero.com and is also sold on Amazon.com.
Eeros’s most popular system is priced at US$399 (A$561) and can include a one-year subscription service for US$99 (A$139), according to its website.
Amazon’s stock is up 2.8 percent to US$1635.