The acquisition was made through Google subsidiary Nest Labs.
That Google is making a push towards home automation is evident in its latest acquisition. The Mountain View, California-based company has acquired a startup called Revolv, which has been developing technology to allow consumers control their appliances through mobile apps. Revolv now becomes a Nest Labs company, wholly owned by Google.
Digital thermostat maker Nest Labs was founded in 2010 by former Apple engineers Tony Fadell β who designed the iPod β and Matt Rogers. Google acquired Nest Labs in January for $3.2 billion and a few months later bought Dropcam for $555 million. With the purchase of Revolv, Google appears poised to further add to Nest as it builds out home automation services. The terms of the latest deal were not disclosed.
It appears Google has been underwriting the acquisitions to become a player in the burgeoning home automation arena, described by TheNextDigit as βthe business of making intelligent home appliances like light bulbs, locks, washing machines.β It’s still a new field, but competition is shaping up among the usual rivals as Apple announced its entry into the category with its HomeKit technology, while Samsung acquired startup SmartThings.
The engineers at the Colorado-based Revolv, which raised startup capital from Foundry Group and SK Ventures, will continue to work out of their office but closer with Nest as it seeks to push innovation in the home automation market. Revolv announced in a blog post that it would service current customers but would no longer accept new ones.
On a company blog, Revolv announced that its user data would be separate from Google and subject to its own privacy policy.
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