Nest, the company that smart thermostats and, recently, by Google, was acquired, a company acquired. It comes to Dropcam, a start-up that security cameras and a cloud-based supplies in order to save the images.
The acquisition was announced by Nest ceo Matt Rogers in an interview with Recode. For the company pays Nest a amount of 555 million dollars, converted approximately 408 million euros. Dropcam is part of the brand Nest and the workers in the same office work. For the acquisition, an agreement was reached and signed, but the procedure should still be completed, according to Rogers, opposite to Recode.
According to Rogers is completed the acquisition, through Nest, and not through the parent company Google that Nest itself was recently acquired for an amount of 2.3 billion euro. Dropcam will probably its products under the Nest brand sales. In this way, it seems that Google subsidiary, its range of smart home devices to want to expand. Previously there were already rumors out that Google had plans for an acquisition of Dropcam.
Dropcam makes cameras that are intended for use in and around the house, for security. The images can be streamed to devices such as a computer, tablet or smartphone. Also provides Dropcam software services: for example, for a fee, a week of footage can be stored via a cloud-based. Also the company recently introduced software which people can recognize images.
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