Amazon buys router company Eero to hook deeper into the homeGet the Full StoryAmazon just added another company to its growing smart home portfolio.
The e-commerce giant is acquiring Eero, maker of the popular routers and mesh WiFi system of the same name.
Eero's app-enabled routers are designed to be easier to set up than traditional routers. The company also sells range-extending WiFi beacons to help eliminate patchy coverage. Together, its routers and beacons make a mesh network the company says is more reliable than what you get with a traditional router.
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Terms of the deal were not disclosed. Eero, which was founded in 2015, has raised 90 million in funding, according to Crunchbase. The startup laid off 30 employees last year, TechCrunch reported. Read more...More about Tech, Amazon, Eero, Tech, and Big Tech Companies