Further proving that there’s more volatility in the smart home industry than in a hot air popcorn popper, Leviton Security & Automation
(formerly HAI by Leviton) (and, before that, simply HAI) announced on the eve of CEDIA EXPO 2014 that the company had acquired Englewood, CO-based BitWise Controls, LLC
. Founded in 2008, BitWise Controls specializes in automation controllers and products designed for the professional and pro-sumer smart home markets. The company’s three automation controllers - the BC1, BC2, and BC4 - are capable of home automation tasks as well as AV system control and offered a less-expensive alternative to systems from companies, such as Control4 and Crestron.
Although not specifically intended for direct consumer purchase and installation, the pricing of the controllers (starting at slightly above $500 for the basic, single-room BC4) also makes them a viable alternative to the gobs of DIY-oriented sub-$300 smart home hubs - none of which are capable of AV system integration. (The Revolv Hub is the only exception to this rule, although its sole AV-control capability involves limited integration with several Sonos components.)
Terms of the deal were not announced. It can be assumed, however, that Leviton did not pay quite as much for BitWise as Google did for Nest ($3.2 billion) earlier this year.