Google’s Nest buys home automation hub company Revolv
Looking to build a formidable smart home hardware team, Google’s Nest adds another company under its belt with the acquisition of Revolv, the creator of home automation hubs. Nest previously bought Dropcam after Google acquired them for US$3.2 billion.
As part of the deal, Revolv will no longer sell new products but will continue support for its current customers. Its employees will join the Nest team. And data from Revolv will remain separate from Google.
Source: The Next Web