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Nest buying video monitoring startup Dropcam for $555 million

21
Jun
2014

Google-owned Nest today said its acquired San Francisco-based Dropcam, a company thats been making home monitoring cameras for the past five years. In a pair of blog posts, the two companies said Dropcam will still be sold in all the usual places, but stopped short of promising future products. Rogers noted that the company would be treating Dropcam user video data just like it does with the data its gathering from its own products, meaning Google will not have access to it. Rogers also promised tighter integration between Nest products and Dropcam.

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