Why did BUD move away from IOT focus?, page-2

Hi Linkman,
What part of the LIFX smart bulbs did you miss?? Serious question..?

Do some more research on it and the LIFX chip (reason why LIFX doesn't need a HUB like Phillips) This chip has the ability to make old tech/appliances "smart".

I personally am happy they acquired LIFX (at approx. 1.7 x last years sales ) especially with the growth LIFX has had in the past and is projecting (see performance targets) for the future.

IMO this gives OHM time to grow and also makes it more of a compelling offering when combined with LIFX bulbs and the energy savings they give along with the "control" they offer..

on a side note, whilst the tariffs are not good for us I would suggest other companies are in the same boat at least with the constant value engineering LIFX does we can claw back some of this and once the tariffs are removed happy days.

I guess time will tell as it always does..

IMO DYOR etc etc

Cheers TT