Google Is Thinking About Buying A Company That Makes WiFi Cameras That Record Everything In Your Home
The purchase would be through Google's subsidiary Nest, the company that makes smart thermostats and smoke detectors that Google bought for $3.2 billion a few months ago. According to The Information, Nest wants its next move to be in home security.It sounds like this is hardly a done deal, and talks between the two companies are pretty loose if they're happening at all. But it does give us a clue at how Google and Nest are thinking about home automation.
Dropcam cameras cost $150. In a recent interview with Business Insider, Dropcam's CEO Greg Duffy said the company's revenue continues to grow "on pretty significant numbers," but wouldn't go into specifics. The startup has raised almost $50 million so far.
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