Home › Nest to buy Dropcam for USD 555 million
 

Keywords :   


Nest to buy Dropcam for USD 555 million

2014-06-23 08:51:00| Telecompaper Headlines

(Telecompaper) Google-owned Nest, a vendor of smart home products and services such as thermostats, smoke and CO alarms, has entered into an agreement to buy home camera and motion sensor tag company Dropcam for USD 555 million in cash, subject to adjustments. Dropcam was founded by CEO Greg Duffy and Coo Aamir Virani in 2009. Its backers include Accel Partners, Kleiner Perkins Caufield & Byers and Menlo Ventures.

Tags: buy million usd nest

Category:Telecommunications

Latest from this category

All news
»
26.06Atlantic Tropical Weather Outlook
26.06Eastern North Pacific Tropical Weather Outlook
26.06Fox and The Trade Desk extend ad integrations across Fox's portfolio
26.06XREAL bring Play Store apps to 3D space on XREAL AR glasses
26.06Qwilt reveals live streaming survey results
26.06Rockline Industries Wins WOW Innovation Award
26.06IMS Technologies Expands Calcinate Production Site
26.06Horizon expert 'gave evidence based on informal chats'
More »