Cisco is building smart communities around the globe and it’s taking Control4 home automation with it.
The networking giant announced a strategic investment in Control4, leading a $25 million round of funding with two additional strategic investors that have not been announced. The partnership between the companies is two-fold, with Cisco planning to deploy Control4 products in its 1) Smart+Connected Communities (its initiative launched in 2009, and with its first major coup the new Songdo City in South Korea – the famous city built from scratch.) 2) utility energy management projects. As for Songdo – a model for future SCC communities – Cisco will provide the networking architecture to basically run the city, plus connected devices within homes and businesses. Control4 will extend the network to include lighting control, energy management, audio/video, security and other automation functions. Source : CE Pro
