eZLO Announces Acquisition of MiOS

CLIFTON, N.J., Aug. 16, 2018 (GLOBE NEWSWIRE) -- eZLO, a global innovator and developer of smart home automation solutions, today announced the acquisition of the California-based company MiOS, a leading smart home services platform provider (PaaS) with an established history in the rapidly expanding IoT market.

 What does this mean to the Home Automation market in Australia?

“The high cost of software development is a deterrent for many looking to incorporate smart technologies into their products,” said Chief Executive Officer of eZLO, Mark Samuel. “We are excited about the impact that eZLO and MiOS together can have on the market. By combining MiOS’ technology with our innovative four-pillar software platform, we’ll be able to expand the smart home ecosystem beyond its traditional definition and create a unique, turnkey solution for companies looking to quickly scale to market with new smart home capabilities for their products and services.”

MiOS and its Vera branded consumer line of products will continue to operate under existing brands as part of the eZLO Innovation family, and eZLO plans to invest further in the products and platforms currently under development. Additionally, MiOS brings to eZLO an impressive sales channel with a global customer base ranging from innovative start-ups to Fortune 500 companies; support and sales contacts for these existing MiOS customers will remain the same.

Stayed tuned for further developing news about a new and exciting range of Home Automation Controllers, new features and lower entry costs.

Chairman of the Board, Melih Abdulhayoglu has given the following vision of his expectations:

Q: What's the business model you expect to operate under?
A:-We want home automation to be accessible to everyone. We want to create the platform for home automation to run on. We have to reduce the cost of ownership of home automation, as well as create an ecosystem for everyone else to contribute to this ecosystem by developing their own versions of home automation products.

Q:What do you think you know about vera customers?
A: -I was a Vera customer! Reason why I setup Ezlo is because Vera didn't provide me what i needed. Both quality and capability. That was in 2013. They certainly have come a long way, but still some to go. By joining forces we hope to accelerate. But i am sure there is a lot i have to learn from you guys here...so please do tell me, what should I know about a vera customer? what should I do to help?

Q:What do you want to provide Vera users with?
A:A platform! Between the cloud and backend of Vera/Mios , amazing controller capabilities of Ezlo and (some more capabilities that I can't yet reveal as they are not launched) our developer ecosystem is going to be buzzing with Innovation! And I want to reduce the cost of home automation!!!!! I find it too expensive to expect someone to pay $100 for a controller!!... $20 is a fair price for now (did that https://ezlo.com/projects-solutions/ezlo-atom/ )...(i am working on bringing it to under $5...but will take me time)... This way our developers will have a huge ecosystem to provide their creations to.

Exciting times ahead, stayed tuned for more developments.

Black Cat Control Systems will be supplying the new versions as soon as they become available. Our pricing policy echos  eZLO policy and we will encourage low pricing and promise no price gouging of the new controllers.


Posted by Black Cat