Tag: Navin Rajendra
Google's Nest buying Dropcam
June 23, 2014Tess Nacelewicz
PALO ALTO, Calif.—First, Google got into home automation early this year with the $3.2 billion buy of smart thermostat and smoke alarm maker Nest Labs. Now, Nest has announced it plans to buy Dropcam, which makes video cameras that stream video to a user's computer or cellphone. The $555 million buy gives Google an entr�e into home security.The deal should expand the companies' share of the smart home market, an investor and market analyst tell Security Systems News.However, how much Nest's...
