"We invented round. We’re happy to reinvent round" says the legacy manufacturer.

The legacy thermostat maker, Honeywell, is making a huge step toward creating big competition in the smart home space with Lyric.

Looking at the unit it is quite similar to the Nest Thermostat, however the main difference is that Lyric is built to be a platform for the future of their home automation efforts.

Currently available through HVAC professionals (available at Lowes in August), the Lyric will also be available in Europe in 2015. The price point is nearly the same as the Nest at $279, so the choice is yours.

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