Recent Acquisitions and Consolidation in the Smart Home Industry

Amazon recently announced their acquisition of iRobot for $1.7 billion!

There’s been a lot of consolidation in the smart-home industry, but the industry is still very fragmented. Big names have begun strengthening their offerings by acquiring smaller companies with deep expertise – companies like ours.

A study of mergers and acquisitions by the Harvard Business Review also shows that industries follow a 25 year cycle, evolving from an industry concentration of under 20% to over 70% upon reaching maturity.

Here are some of the hundreds of acquisitions that have occurred in our space from 2013-2017.

Recent acquisition activity supports this theory, and we expect increased M&A activity as the industry continues to mature.

  • Amazon set to acquire iRobot for $61 per share in an all-cash transaction valued at approximately $1.7 billion.
  • Generac Holdings, a leading global designer and manufacturer of energy technology solutions acquired Ecobee in a transaction valued up to $770M.
  • Assa Abloy purchases 54% of Swiss-based agta – one of the world’s leading manufacturers of automatic door systems – for $570M.

Backed by the strength of our patents and growing revenues, we may soon become a prime candidate and entry point into the automated window shades market for one of these acquirers.

Common Investments + Perks

Investments over $2,500 will receive the following perks. All perks will automatically be recorded and assigned to each investor following the close of the round, without any further action required.

$1,500+
  • 1 RYSE

Cash Value: $150

$2,500+
  • 1 RYSE + Battery
  • 1 SmartBridge

Cash Value: $250

$5,000+
  • 2 RYSE + Battery
  • 1 SmartBridge

Cash Value: $450

$10,000+
  • 4 RYSE + Battery
  • 1 SmartBridge
  • 10% Lifetime Discount

Cash Value: $850

$25,000+
  • 10 RYSE + Battery
  • 1 SmartBridge
  • 15% Lifetime Discount

Cash Value: $2050

$50,000+
  • 20 RYSE + Battery
  • 1 SmartBridge
  • 20% Lifetime Discount

Cash Value: $4050