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Octopus buys nCube in utility SHaaS push fire-sale

Octopus Energy has acquired nCube Home, a smart home startup that Octopus will put to use in its renewable energy utility business. Using the devices and supporting software, Octopus can push nCube’s technology as a way to help homes participate in demand-response projects. With 1.3mn customers, Octopus could soon have a lot of clout in that market. nCube Home, not to be confused with Ukrainian software-house nCube, was founded back in 2012. It has plugged away at creating a smart home hub that could connect disparate devices in the home and allow a user to control them in a coordinated fashion. Unfortunately, Amazon and Google have surged to the fore of this market, and while there is still plenty of…

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