Chamberlain Group acquires Lockitron and Tend for its myQ smart garage hub

Chamberlain Group acquires Lockitron and Tend for its myQ smart garage hub

By Catherine Shu

Chamberlain Group, which owns several security and access brands including the myQ smart garage hub, has added two new companies to its portfolio: connected door lock maker Lockitron and wi-fi home security camera startup Tend.

In a press statement, Chamberlain Group CEO JoAnna Sohovich said Tend and Lockitron’s produts will be integrated into myQ. “We know families enter and exit their homes through their garage doors multiple times a day. Our myQ technology allows homeowners to monitor and control access from their smartphone,” she said. “Adding video, connected locks, and enhanced artificial intelligence to our access solutions will provide even further peace of mind as homeowners connect to their homes and loved ones.”

Lockitron was one of the first smart lock brands, shipping its first connected lock in 2010. Its flagship product is the Bolt, a smart lock that is accessed by smartphone. The Bolt launched in 2015 and was the first smart locks available for under $100. The Chamberlain Group will integrate Lockitron’s technology into myQ so users can control their garage and residential doors with one app.

In an email to TechCrunch, Cameron Robertson, who co-founded Lockitron with Paul Gerhardt, said they began looking for potential buyers …read more

Source:: TechCrunch Gadgets

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