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Google has acquired Nest... so now Google has also acquired Dropcam. I wonder why they call it Nest acquistion, to downplay privacy concerns?
Yup, the want to avoid the headline: "Google buys network of in-home cameras."
It's interesting how google subsidiaries somehow announce acquisitions rather than the parent company.
http://www.joystiq.com/2014/05/18/report-youtube-acquires-tw...
so apparently this is a thing that happens now.
> The next Nest product will be a home security system. If you already own Nest thermostats or smoke detectors, their motion sensors will do double-duty as security alarms.
Earlier quoted context omitted.
Yup, the want to avoid the headline: "Google buys network of in-home cameras."
They did make a point of explicitly saying none of the data is shared with Google. But, yeah, probably best for fit PR to differentiate.
[1] http://aws.amazon.com/solutions/case-studies/dropcam/
[2] http://gigaom.com/2013/07/31/dropcam-gets-30m-for-expansion-...
Google has acquired Nest... so now Google has also acquired Dropcam. I wonder why they call it Nest acquistion, to downplay privacy concerns?
“Our business model is very straightforward. I think if your business model is not straightforward, it veers into potentially being unethical, if you look at things that are quote-unquote ‘free.’ None of the people who work here want to work on something that works like that. They look at it as tricking the user, when [a company is] turning around and using some part of the user’s data to make revenue."
and
"He thinks the lavish perks at many technology companies, especially the free on-campus meals, are a disguised form of mind control, designed to get employees to work 12- or 14-hour days."
http://www.xconomy.com/san-francisco/2013/04/23/dropcam-ceos...
The deal went through for $555 million in cash. http://recode.net/2014/06/20/googles-nest-buys-dropcam-for-5...
https://nest.com/press/nest-and-dropcam-sign-acquisition-agr...