Friday, 13 February 2015
British Gas to acquire AlertMe
Today, both British Gas and AlertMe pushed out press releases announcing the acquisition of AlertMe by British Gas, for an estimated total of £65m. As a fresh member of British Gas' connected homes team and a long-term customer of AlertMe, I was really excited to hear the news and am eager to be part of the team to build the next generation of domestic energy feedback products. This move makes British Gas' position clear within the Internet of things / connected homes market, and will undoubtedly have a big impact on the field on energy disaggregation in the UK.
Posted by Oliver Parson at 21:10