Frontdoor to acquire Streem.

Frontdoor, a provider of home service plans, agreed to acquire Streem, a Portland-based technology startup which uses enhanced augmented reality, computer vision and machine learning. Financial terms were not disclosed. "I am extremely excited about Frontdoor’s acquisition of Streem. Not only will it accelerate our work to transform the service experience for homeowners and reduce costs, it will create unique opportunities for new revenue streams across a variety of new channels. This technology is a perfect fit for our core home service plan business and for our future On Demand customers. Over time, we will use Streem’s in-home augmented reality across our platform to deliver a superior experience to our more than 2m customers and our network of over 16k contractor firms," Rex Tibbens, Frontdoor President and CEO.