With its focus on smart home and home automation, the Glue company is a smart investment.
The company announced on Wednesday that it’s making a major push to diversify into smart home products and services, with the aim of becoming the first company in Canada to be valued at $1 billion.
The firm has more than $600 million in assets under management.
It has a long history of investing in the home, and in 2016 it became one of the first Canadian companies to become a full-fledged equity holder in a smart home company.
In the past five years, the company has invested in a number of smart home companies, including Nest Labs, Nest Labs TV, Nest, SmartThings, and SmartThings Home.
“We have an incredibly deep knowledge of the home and it’s our vision to use that to provide the products and technologies that will make this a reality,” said Doug Wilson, president and CEO of Glue.
“It’s about the future, and we’re going to see it.”
The company has been working on its smart home strategy since 2015, when it invested $100 million in the startup, which is now valued at more than a billion dollars.
Glue’s smart home product lineup includes the Glule, which will come in the form of two separate devices, a smart remote and a smart wall.
The remote is an add-on device that allows users to control Glule devices with their voice, which could make it easy to turn on lights or add remote control features to existing smart home devices.
The wall is an addition to the company’s SmartThings platform, which lets users create and control their own smart home systems.
The smart home software will also come in a suite of smart locks that will allow users to remotely lock doors or remotely access their smart home.
Glule will be launching a new line of smart lock-related products in the spring, including a home security system that will let users remotely control and control home security systems.
“Our smart home business is really about creating the best products that are in line with our vision of bringing smart home solutions to the home,” Wilson said.
“The Glue home security app will be available to consumers in spring.
It will be a great addition to our smart home platform and we look forward to bringing it to other home security products in time.”
The smart door lock will also be available in spring, with a price point of $99.
“There are many new smart home trends that are happening,” Wilson added.
“When I think about smart home, I think of things that can be added on top of existing home security solutions, which can be smart locks and smart door locks.”