Connected security cameras are becoming more and more common these days, with the highest priority being remote access to your video feed via your smartphone. There are a number of good security cameras on the market, and Nest has always been one of the top players. The Alphabet-owned company’s latest product, the Cam IQ, adds a 4K sensor and even more smart functionality, but its $100 premium over Nest’s other models might not feel justified to everyone.
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Google-owned Nest has just announced that it acquired home monitoring firm Dropcam, which makes security cameras that can be monitored remotely from a smartphone or tablet, as reported by Re/code. The buyout will cost Nest $555 million.
The companies will continue to operate independently for now, but will eventually work together on new products, according to Nest’s Matt Rogers: