$68m to be an international player in the connected home
Last week's acquisition of smart home platform provider AlertMe, capped off a smart home acquisition spree
Deal to allow development of new smart home services.
British Gas and AlertMe formally tie the knot
British Gas is set to launch a range of internet connected "smart" home appliances.
Deal values nine-year-old AlertMe, run by former Tiscali chief executive Mary Turner, at £65m.
Cambridge News – British Gas buys Cambridge’s AlertMe for £65m as it builds connected home portfolio13, Feb 2015
British Gas said the deal will create the UK’s leading connected homes provider.
Energy giant acquiring nine year old AlertMe.
British Gas to Acquire AlertMe, Pioneer in Connected Home Technology, In Deal Estimated at £65m ($100m)13, Feb 2015
AlertMe today announces it has entered into an agreement for the sale of the company to British Gas in a deal estimated to be worth £65m ($100m).