Nest Labs acquires Dropcam for $ 555
Home automation company Nest Labs acquired the video-monitoring startup Dropcam, which makes Web-connected home security cameras, in a deal worth $555 million in cash. Nest will fold the company into its existing line of smart-home products, which currently includes the Protect smoke detector and Learning Thermostat. Dropcam's products will now be under Nest's privacy policy ... read more