Nice buys Fibaro

Italian-based Nice bought 100 percent in Fibar Group, a producer of smart-home system Fibaro. The value of the transaction is PLN 250 million.  This is the biggest Nice Group investment in the smart home and IoT sector. Fibaro says that having Nice as a strategic investor will allow offering even more coherent smart home system.  For example, the products will allow remote, automatic access to the garage for selected cars identified by GPS or registration number.