Google's Nest pays $555m to acquire home camera maker Dropcam

Data will not be shared with Google without permission, Nest said

Nest, the Internet-connected thermostat and smoke detector maker owned by Google, is acquiring home security system developer, Dropcam, as part of a push to connect a wider range of devices in people's homes.

Nest said Friday that it was acquiring Dropcam and that the companies would be working together to build new products that add intelligence to the devices in people's homes. The acquisition could allow for new types of communication among the appliances in homes.

"Eventually, the plan is for us to work together to reinvent products that will help shape the future of the conscious home," Nest said in its announcement of the deal, which has yet to close.

Nest paid US$555 million cash to acquire Dropcam, the company said in a separate statement. Google, which acquired Nest earlier this year, declined to comment further.

Dropcam, founded in 2009, makes small Wi-Fi-connected cameras designed to let people monitor what goes on in their homes when they're not there. The company makes an app for iOS and Android devices to let people receive mobile alerts about motions and sounds in their homes.

For now, Dropcam's products will continue to be sold online and in stores, Nest said. Existing Dropcam customers can continue to use their accounts.

Nest's thermostats and smoke detectors are designed to learn people's habits over time, can be controlled from afar, and are aimed at improved energy efficiency.

The acquisition is bound to raise questions over the extent to which Google could gain sensitive data about the goings-on in people's homes. Nest said Dropcam will come under its privacy policy, which says that data won't be shared with anyone, including Google, without the customer's permission.

Incorporating ads into Dropcam is not part of the strategy, Nest said. Google, however, included language in a letter sent to federal regulators last year suggesting that it could eventually place ads on devices like thermostats or self-driving cars.

Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on Twitter at @zachminers. Zach's e-mail address is zach_miners@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags smartphonesinternetGooglesearch enginesanalyticshardware systemsconsumer electronicsdigital camerasentertainmentInternet-based applications and servicesMedia players / recordersNestDropcam

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Zach Miners

IDG News Service
Show Comments

Cool Tech

Toys for Boys

Skywatcher Dobsonian 8″ Collapsible Telescope

Learn more >

Family Friendly

Whodunnit™ Duo-Scope MFL-007 Microscope Kit

Learn more >

Stocking Stuffer

Logitech Ultimate Ears Wonderboom 2 Bluetooth Speaker

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Aysha Strobbe

Microsoft Office 365/HP Spectre x360

Microsoft Office continues to make a student’s life that little bit easier by offering reliable, easy to use, time-saving functionality, while continuing to develop new features that further enhance what is already a formidable collection of applications

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?