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Monday, October 27, 2014

Nest acquires Revolv in a bid to control your entire smart home

Nest has just acquired Boulder, CO-based Revolv, one of the most flexible smart home platforms on the market. It's a big move in the growing smart home market, which has two main battles: the individual devices and the platform they run on to make our homes smarter. Nest, with its popular smart thermostat and smoke detector, is in a strong position in the first category. Buying Revolv (and the team behind it) positions it strongly in the second. Terms of the deal aren't being disclosed, but the Revolv team will stay in Boulder in a new Nest office there.

Read more: http://www.theverge.com/2014/10/24/7061557/nest-acquires-revolv-in-a-bid-to-control-your-entire-smart-home

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