Ron Burgundy Posted June 21, 2014 Share Posted June 21, 2014 (Reuters) - Dropcam, the home-monitoring camera startup, will be bought by Google Inc's Nest Labs for about $555 million in cash, a technology news website reported on Friday. Nest confirmed the acquisition in a blog post on Friday, but did not specify the price tag. Neither Google nor Dropcam were immediately available for comment. Dropcam plans to move from San Francisco to Nest’s offices in Palo Alto, California, Recode wrote. View the full article Quote Link to comment Share on other sites More sharing options...
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