Amazon.com, Inc. (AMZN) on Monday said it has signed an agreement to acquire eero, makers of a home WiFi system.

Financial terms of the deal weren't disclosed.

"We are incredibly impressed with the eero team and how quickly they invented a WiFi solution that makes connected devices just work," said Dave Limp, SVP of Amazon Devices and Services.

Amazon said eero's products and services have ranked high with customers on the Amazon website.

Eero was founded in 2014 in San Francisco.

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

February 11, 2019 17:14 ET (22:14 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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