Chameleon Smart Home Zrt.
BBUD:CHOME8.10
HUF
-5.90
(-42.14%)
Chameleon Smart Home Zrt.
BUD:CHOME
(Budapest Stock Exchange)
Recent
price
8.10
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ratio
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div
yld
- -
ROIC.AI
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- Business
- Chameleon Smart Home Nyrt. (formerly Chameleon Smart Home Zrt.) is a Hungary-based technology company that designs, manufactures, and distributes intelligent building automation systems and proprietary Internet of Things (IoT) software solutions for residential and commercial properties. Founded in 2017 and headquartered in Budapest, Hungary, the company operates across the smart home and PropTech sectors, serving real estate developers, electrical installers, condominium associations, and individual homeowners across Europe, North America, and the Middle East. Chameleon Smart Home specializes in vendor-agnostic smart systems designed to unify disparate automation protocols into a single, cohesive infrastructure. The company's core product and service portfolio comprises centralized smart home controllers and communication bridge units; modular automation hardware, including multi-channel relay modules, light dimmers, and digital input devices; environmental, motion, and safety sensors for climate and security monitoring; motorized shading, heating, ventilation, and air conditioning (HVAC), and intelligent lighting control systems; native mobile and web applications for iOS and Android that provide unified property management and energy optimization; the proprietary UpHome smart building platform, specifically engineered for multi-apartment residential complexes to enable centralized facility management, intercom functionality, and individual unit automation; and integration software modules offering seamless compatibility with major global ecosystems such as Apple Home, Google Home, and Amazon Alexa. In recent developments, the company executed a public listing on the Budapest Stock Exchange's BÉT Xtend market under the ticker symbol CHOME, completing its transition from a closed corporation (Zrt.) to a public limited company (Nyrt.). The company has also expanded its international footprint through strategic commercial partnerships, including a distribution agreement with UP Home Canada to enter the North American market, as well as business development initiatives targeting the DACH region and the Middle East. Furthermore, Chameleon Smart Home has completed capital increase operations backed by venture capital investors such as Hiventures, while continuing the international rollout and enterprise commercialization of its UpHome platform.