Amazon to acquire mesh Wi-Fi router startup ‘Eero’ to help connect home devices | HT Tech

Amazon to acquire mesh Wi-Fi router startup ‘Eero’ to help connect home devices

Eero, based in San Francisco, makes gadgets that extend W-iFi coverage throughout a home using local networking, known as mesh technology, that removes hiccups in broadcasting internet signals.

By: MATT DAY
| Updated on: Feb 12 2019, 11:04 IST
Last year Amazon bought Ring, a builder of video doorbells and home security gear.
Last year Amazon bought Ring, a builder of video doorbells and home security gear. (REUTERS)

Amazon.com Inc. has agreed to acquire Eero, a builder of Wi-Fi-networking tools, in another deal aimed at bolstering the retail and technology giant's home devices business.

Eero, based in San Francisco, makes gadgets that extend Wi-Fi coverage throughout a home using local networking, known as mesh technology, that removes hiccups in broadcasting internet signals.

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The companies didn't disclose the purchase price Monday when they announced the acquisition. Eero has raised $148 million in equity and debt, according to PitchBook Data Inc.

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Amazon, builder of the hit Echo smart speaker line, is behind a growing range of home electronics, from Fire TV streaming sticks to a voice-controlled microwave. Last year, the company bought Ring, a builder of video doorbells and home security gear. 

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First Published Date: 12 Feb, 11:04 IST
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