In a move that may not be surprising to anyone, Lowe's has announced it closes its own Iris smarthome platform.
According to IoT Podcast (5:13 PM), the company announced the move in the Q3 earnings statement, quoting "Strategic Revaluation of Operations" as the reason, as well as focusing more on "core business and improving profitability."
According to IoT Podcast Lowe that it is still as usual and there are no changes to the Iris platform than "as they are looking for a buyer." So all your Iris products still work normally, but it can change depending on who Lowes sells Iris to.
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Lowe launched Iris Back 2012 as a way for the company to sell its own Smarthome products to public. The product line offered a handful of different ZigBee and Z-Wave devices and sensors, as well as a proprietary Iris hub, but the devices also worked with other smarthome hubs, such as Wink and SmartThings. Iris is also integrated with other product lines like Philips Hue and Nest.
Lowe s continues to sell other brands of smarthome products, including GE, Google, Nest, Amazon and more devices, but the company's own Iris platform will not share the same glory in the near future.