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A group of customers has bought failed smart home company Insteon - The Verge

A group of customers has bought failed smart home company Insteon - The Verge

The new group, led by CEO Ken Fairbanks, has resurrected Insteon Technologies, the smart lighting company that shut down its servers earlier this year.

Following the report yesterday that smart home company Insteon’s servers had mysteriously fired up overnight, there is good news: Insteon is back, and it was resurrected by its customers. This message appeared on the Insteon blog today, posted by the company's new CEO Ken Fairbanks:

We are a small group of passionate Insteon users that have successfully acquired Insteon. Like many of you, our homes are powered by Insteon’s amazing dual-mesh technology and highly configurable products.

Insteon’s servers went offline last April when SmartLabs, the company that owned the smart lighting system, ran into “financial difficulties.” A financial services firm had been appointed to sell its assets, but this “group of passionate users” stepped in and has taken over.

https://www.theverge.com/2022/6/9/23161803/insteon-customers-bought-company-restored-service


Post ID: 7f0ee217-1ede-42d2-8ccd-16bf68964357
Rating: 1
Updated: 2 weeks ago

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