SwitchBot’s acquisition of Nanoleaf is about more than lighting

Nanoleaf has made a sanction for itself by processing astute color-changing LED lighting products, including partition panels, TV mirroring, and show cases. | Image: Nanoleaf

Smart lighting institution Nanoleaf has been acquired by OneRobotics, the genitor institution of SwitchBot. In an exclusive interrogation with The Verge, Nanoleaf CEO Gimmy Chu says the institution volition stay autarkic and that helium and his cofounder and COO, Christian Yan, volition proceed to tally it. "Nothing is changing operationally," says Chu, adding that determination are plans for merchandise integrations betwixt the 2 astute location companies.

The sale, which Chu characterized arsenic "more of a merger," volition supply Nanoleaf with important resources, including a currency infusion that will, among different things, assistance the institution turn its squad astatine its Toronto headquarters. I …

Read the afloat communicative astatine The Verge.