Comcast is investing in smart internet with its acquisition of PowerCloud

Comcast may have its hands full with its pending Time Warner Cable merger, but the broadcasting giant managed to squeeze in a relatively cheap acquisition with a deal to buy the Wi-Fi router maker PowerCloud Systems. Exact terms of the deal were not disclosed. According to reports, Comcast will likely leverage PowerCloud’s portfolio to deal with the increasing number of connected devices in consumer households, and basically as a stepping stone to reach the elusive Internet of Things. Tyson Marian, part of the strategic development team at Comcast, told VentureBeat that Comcast will use technology from PowerCloud’s Skydog router in conjunction with a combined router/modem Comcast has developed to better track what devices are coming in and out of a home.