Google’s Nest Buys Smart Home Startup Revolv


Google’s Nest Labs unit has acquired startup Revolv, the latest move by the Internet giant to expand in the fast-moving market for smart home gadgets.

Nest did not disclose how much it paid for Revolv. A Nest spokeswoman declined to comment.

Revolv, based in Boulder, Colo., in November 2013 began selling an Internet-connected device that controls other gadgets in the home, aided by a smartphone app.

The startup said that its service will continue for existing customers but it won’t be available to new customers. That suggests Nest is buying Revolv to bring its engineers into the company to help with its own connected home platform.

Revolv said it will focus on the Works with Nest program, which is Nest’s effort to make its devices interact with others in and around the home, such as washing machines, lights, cars and remote controls.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *