Dropcam , the popular home monitoring camera startup, will be acquired by Nest, maker of smart thermostats and smoke detectors. The deal is worth $555 million in cash.
“The teams are very well-aligned and we love the product,” Rogers said. “We both think about the entire user experience from the unboxing on. We both care deeply about helping people stay connected with their homes when they’re not there.”
Rogers said the deal was signed Friday and has yet to close. The Dropcam team plans to move from San Francisco to Nest’s offices in Palo Alto, Calif.
You mean permission like the fine print found in the Terms of Service (TOS) agreement that is so long and so difficult to decipher, most choose not to read them and just hit the “Agree” button?
Be careful less you allow Google to record everything that goes on in and around your home. As it stands right now, you can’t sun bath naked on your own property, without their eye in the sky peering down on you via Google earth. Remember, “Don’t be evil.”