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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.

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OSI Systems Awarded $102 Million Contract from U.S. ...

2014-06-23 06:00:00| Industrial Newsroom - All News for Today

HAWTHORNE, Calif.- OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Security division, Rapiscan Systems, has received a Foreign Military Sales (FMS) contract from the U.S. Department of Defense valued at approximately $102 million to supply multiple units of its cargo and vehicle inspection systems and related training, spare parts, service and logistics support for Iraq.<br /> <br /> About OSI Systems, Inc.<br /> OSI Systems, Inc. is a vertically integrated designer and manufacturer ...This story is related to the following:Safety and Security EquipmentInspection Systems | Vehicle Identification & Location Systems

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Pittsfield Big Y completes $7.9 million expansion, renovation

2014-06-22 08:41:11| Grocery - Topix.net

Springfield-based Big Y Foods Inc. has just completed a 10-month, $7.9 million renovation of its market on West Street that has added 1,510 square feet to the already mammoth food shopping space.

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Celebrity Real Estate: Deepak Chopra Nets $3.5 Million for Midtown Two-Bedroom

2014-06-21 18:22:49| Real Estate - Topix.net

New Age guru Deepak Chopra recently made a splash when he dropped a ton of money in Greenwich Village's Delos , a boutique residential building branding itself as a "pioneer" in so-called "wellness real estate" .

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Google and Nest Acquire Dropcam For $555 Million

2014-06-21 08:18:09| Wireless - Topix.net

Remember those rumors a few weeks ago that Google was looking to acquire the plug-and-play security camera company, Dropcam? Just months after being acquired themselves, the now Google-owned Nest has just announced that they've acquired Dropcam.

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