2018-11-01 Amazon Enters the Home Building Business
| By:
Brad Beckett
Amazon Enters the Home Building BusinessBY
BRAD BECKETTIs ecommerce giant Amazon entering the home building space? A recent report on CNBC says they’ve recently taken a stake in Plant Prefab, a Southern California company that builds prefabricated custom single and multi-family homes that uses an automation in an attempt to keep costs low. The investment was made by their Alexa Fund and follows Amazon’s launch of over a dozen new smart home devices powered by their Alexa platform. By the way, these aren’t your normal run-of-the-mill prefab homes.
“Voice has emerged as a delightful technology in the home, and there are now more than 20,000 Alexa-compatible smart home devices from 3,500 different brands,” Paul Bernard, Alexa Fund’s director, said in a statement on Tuesday. “We’re thrilled to support [Plant Prefab] as they make sustainable, connected homes more accessible to customers and developers.”Click here to read the full story on CNBC.com.