PowerCloud system provides system solutions specifically tailored to meet the dynamic needs of mobile Wi-Fi patrons in environments such as hotels, retail chains, restaurants, and managed care facilities. In simple its cloud-powered Network as a service pioneer.
When acquisition has become a base for enhancements of projects, comcast has decided to take on PowerCloud Systems. The deal amount has been kept very secret.
TechCrunch has said the deal was an Acquihire- Comcast has mainly brought the company to recruit its workforce. Also the blog says that Comcast plans on leveraging PowerCloud’s technology to build what it calles a “SmartInternet” strategy.
With more and more new home automation and integration, it’s not hard to see why comcast is investing in this area.