Eero's Acquisition by Amazon and Its Impact
| Technology | Business |
Updated By: History Editorial Network (HEN)
Published: | Updated:
3 min read
Eero, a company known for its innovative mesh-networking Wi-Fi systems, was acquired by Amazon for $97 million. This acquisition allowed Amazon to enhance its smart home ecosystem, integrating Eero's technology to improve connectivity and user experience in smart devices. Eero's mesh networking technology provides seamless Wi-Fi coverage, which is essential for the growing number of smart home devices that require reliable internet access. Following the acquisition, Eero continued to operate under its own brand, maintaining its focus on privacy and security, which had been a concern for some users regarding Amazon's ownership. The integration of Eero's technology into Amazon's product offerings has positioned the company to compete more effectively in the smart home market, where connectivity and user experience are critical factors for success. Eero's commitment to privacy has been emphasized in its marketing efforts, aiming to reassure customers about data security in the wake of the acquisition. This strategic move by Amazon not only expanded its portfolio but also reinforced its commitment to providing comprehensive smart home solutions that prioritize user privacy and connectivity.
Primary Reference: Amazon paid $97 million to acquire Eero in a fire-sale deal that left some shareholders with practically nothing, according to leaked documents
Location: Washington, United States

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