Stanford-backed wifi system developer Eero has been picked up by Amazon after launching a product designed to provide high performance for devices including smart home products.

Eero, a US-based household wifi system developer that counts Stanford University among its investors, was bought by e-commerce firm Amazon for an undisclosed sum on Monday.
The transaction will close once customary closing conditions are fulfilled.
Founded in 2014, Eero sells a household wifi networking system that synchronises transmissions from multiple access points to provide high performance and comprehensive connectivity for devices such as smart home products.
The system can be set up through a mobile app…

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