Nest Labs buys Dropcam, gains Linux-based surveillance cams | Linux Today

Nest Labs buys Dropcam, gains Linux-based surveillance cams

Written By
EB
Eric Brown
Jun 24, 2014

Nest Labs is buying Dropcam for $555 million, and will integrate Dropcam’s Linux-based surveillance cameras into its own Linux-based home automation system. Nest’s deal to acquire Dropcam for $555 million was revealed by Recode and confirmed in a Nest blog post by co-founder Matt Rogers. The acquisition follows Nest’s own acquisition by Google for $3.2 billion, announced back in January.

EB

Eric Brown

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