Nest has announced that they have acquired home automation company Revolv. The deal was apparently finalized this morning for unknown terms. This seems to have been an acquisition of developer platform, and it's talent, rather than hardware.
From Re/code:
Here's how Nest co-founder and VP of engineering Matt Rogers put it in a phone interview today. "We are not fans of yet another hub that people should have to worry about. It's a great team, an unbelievable team. There's a certain amount of expertise in home wireless communications that doesn't exist outside of these 10 people in the world.
The Revolv hub will be discontinued immediately. What do you think of Nest's acquisition of Revolv? Sound of in the comments.
Source: Re/code
