Amazon announced today that it has signed an agreement to acquire eero, a company offering products and services for high-performance, reliable and simple home WiFi.

SEATTLE & SAN FRANCISCO – (BUSINESS WIRE) – Feb. 11, 2019– Amazon (NASDAQ: AMZN) and eero announced today the signing of a definitive merger agreement under which Amazon acquires eero. Eero WiFi home mesh systems are set up in minutes and cover every room in the customer's home with a high-performance and reliable WiFi network. eero is already delighting Amazon customers with its products and services, as indicated by eero's 4.6-star rating at Amazon.com.

"We are extremely impressed by the eero team and by the speed with which they invented a WiFi solution that allows connected devices to simply run," said Dave Limp, senior vice president of Amazon Devices. Services. "We have a common vision: making smart home experience easier and we are committed to continuing to innovate on behalf of our customers."

"From the beginning, eero's mission has been to make technology in homes work," said Nick Weaver, co-founder and CEO of eero. "We started with WiFi because it's the foundation of the modern house. Every customer deserves a reliable and secure WiFi in every room. By joining the Amazon family, we are excited to learn and work closely with a team that defines the future of the home, accelerates our mission and brings the eero systems to a larger number of customers. whole world. "

eero uses multiple access points that work together as a system to cover a home in a powerful, reliable and simple home WiFi network. Customers can customize an eero system to meet the needs of their home, regardless of their shape or size, eliminating dead zones, ensuring perfect video streaming in every room and providing the bandwidth of all connected devices need.

With the easy-to-use eero application, customers can configure the system in less than 10 minutes, share their network, schedule parental controls and perform on-demand speed tests. In addition, eero communicates with the cloud for instructions and updates. This means that eero systems update, correct and improve all the time.

The completion of this transaction is subject to customary closing conditions.

About Amazon

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About eero

First home mesh WiFi system, eero covers the entire house with reliable and secure WiFi. Eero's digital security service, eero Plus, protects connected devices, privacy and the family. eero is simple to set up, even easier to manage, and improves over time with automatic and regular software updates. Founded in San Francisco in 2014 by Amos Schallich, Nate Hardison and Nick Weaver, eero's goal is to make WiFi so good you'll never think of WiFi again.

Source: Amazon.com, Inc.

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