ETCentric community member Lee Lanselle forwarded us news that Samsung has acquired SmartThings, maker of smart-home controllers, for around $200 million. While SmartThings will continue to operate independently under CEO Alex Hawkinson, its three facilities are expected to move to Palo Alto to become part of Samsung’s Open Innovation Center (run by former Google and AOL exec David Eun). SmartThings, which is owned by Physical Graph Corp., began in 2012 as a Kickstarter project. Continue reading Internet of Things: Samsung Purchases Startup SmartThings