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Smart lighting company LIFX has been bought by Feit Electric.

A few years back, there were two big names in the high-end smart bulb game — Philips Hue, which worked with a proprietary Zigbee bridge, and LIFX, which worked over Wi-Fi, no extra white plastic box required. (We all know how much people hate hubs and bridges cluttering up their smart homes.) Yet, the Zigbee-based Hue went on to become the Kleenex of smart lighting, whereas LIFX went into receivership earlier this year.

However, there’s good news for LIFX customers and for the smart home in general. California-based Feit Electric has stepped in and snapped up LIFX from its bankrupt Australian owner Buddy Technologies and says it will keep LIFX alive.

“Feit Electric will offer the current suite of LIFX products and plans to expand the...

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