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In The News

Smart-lock startup August Home bought by Yale lock-maker owner

Meanwhile, August Home and Walmart are testing a service that uses a smart lock to open the door for a delivery person to leave an online-ordered package inside.

The Assa Abloy acquisition gives August Home some deep pockets to further develop its products and a broader distribution system, said Brad Russell, research director for connected home products for Parks Associates.


“They’ve made strong strides getting into retail and started building a dealer network in (the) past year, but now they can accelerate,” Russell said in an email.

"Smart-lock startup August Home bought by Yale lock-maker owner" by Benny Evangelista.

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“I would say what they’re doing is quite advanced,” said Elizabeth Parks, president of market research firm Parks Associates. She said it’s one of many efforts by home security companies to embed AI t...

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