After two years of stagnation and miscommunication, LIFX may be poised for a strong comeback. The brand is now owned by Feit Electric, a global lighting company that promises to speed up LIFX bug fixes and launch new LIFX products.
We previously reported that LIFX’s now former parent company, Buddy Technology, went into receivership in April 2022. This development was long overdue: Buddy Technology failed after 2019, and was investigated by the Australian Stock Exchange in 2021 for not reporting debts.
When a business goes into receivership, a court-appointed person or group is assigned to manage its debt (and get the business back in business, if possible). In this case, the company that runs Buddy Technology decided to sell LIFX to Feit Electric.
Feit Electric already sells a bunch of lighting products (including smart bulbs), but says the LIFX brand will remain intact. Many of the Australian employees who work at LIFX will keep their jobs, but for the first time in several years they will have the opportunity to expand and enhance LIFX’s offerings.
In a new Reddit thread, the LIFX team explained that bug fixes are currently top priority. This is likely to address mount errors and disconnect issues affecting LIFX clients. A new beta version of the app is coming soon, says the LIFX team, and you can get it early by joining the LIFX beta program on Android or iOS.
Regarding new products, Feit Electric confirms that it will continue to launch a new LIFX Downlight this year. More products, yet to be announced, will be released in 2023. (LIFX announced several products at CES 2020, all of which were not released. Maybe next year?)
We’re not sure what the future holds for LIFX. But we certainly hope that the brand can find its footing under Feit Electric. Years ago, LIFX was a major player in the world of smart homes and now it has a chance to achieve its former glory.
Source: Feit Electric via The Verge