Acquiring Company
LG
Acquired Company
Athom
Seoul
EnschedeManufacturingElectronicsManufacturingDescription
LG has acquired an 80% stake in Athom, a Dutch smart home company and maker of the Homey smart home hub. LG plans to integrate Athom’s Homey platform, which links thousands of appliances, sensors, and lighting devices, with its LG ThinQ platform. The integration will allow customers to create a personalized environment tailored to their preferences. Athom will continue to operate as an independent company following the acquisition, maintaining its business operations and branding.
Quick answer
LG is acquiring Athom, announced July 3, 2024. LG is based in Seoul, Seoul, South Korea.
- How much did LG pay for Athom?
- The deal value was not disclosed.
- What does LG do?
- Step into the innovative world of LG Electronics.
- Where are LG and Athom based?
- LG is based in Seoul, Seoul, South Korea. Athom is based in Enschede, Overijssel, Netherlands.
- Who are the decision-makers at LG?
- Fundz holds 2 contacts at LG. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at LG, and when
When LG changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day LG raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at LG, from your own LinkedIn network
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Frequently asked
Who acquired Athom?
Athom was acquired by LG, based in Seoul. The deal was reported on July 3, 2024. Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is dedicated to creating innovative solutions for a better life. LG is privately held and operates in Manufacturing.
When did LG acquire Athom?
LG's acquisition of Athom was reported on July 3, 2024. LG has acquired an 80% stake in Athom, a Dutch smart home company and maker of the Homey smart home hub. LG plans to integrate Athom’s Homey platform, which links thousands of appliances, sensors, and lighting devices, with its LG ThinQ platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Athom do?
Homey is a smart home platform created by Dutch tech company Athom. It includes a hub, bridge, and a companion appstore, providing an open ecosystem that connects with a variety of smart home OEMs over Bluetooth, WiFi, ZigBee, Z-Wave, and Infrared. It is privately held, operating in Manufacturing, and is based in Enschede.
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