63633517 story Samsung Buys Kickstarter-Funded Internet of Things Startup For $200MM 107 Posted by Soulskill on Friday August 15, 2014 @11:36AM from the keeping-up-with-the-Googses dept. jfruh writes: In September of 2012, SmartThings took to Kickstarter with the promise of delivering an "Internet of things" package to backers, including a hub device that would control various home gadgets via the user's smartphone. They aimed to raise $250,000. They got $1.2 million. And now they've been bought by Samsung for a reported $200 million, as the South Korean electronics market tries to get a foothold into this emerging market.