Google's Nest buys Dropcam to connect the home further

June 21, 2014

Google said late Friday that its Nest connected-home division had agreed to purchase Dropcam in a deal that will extend Google's control into the home even further. Google and Nest did not disclose the terms of the deal, although reports, including The Wall Street Journal, said that the sale price was $555 million. Dropcam, according to Nest, allows consumers to "check in" on their homes while they're away. The company's wirelessly controlled cameras bill themselves as cheap, unobtrusive security systems, allowing either Android or iOS users to remotely peek at what the camera sees from afar. To read this article in full or to leave a comment, please click here

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