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Nest purchased Revolv, and stopped selling the hub


firespyer
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Nest today said it had acquired Revolv, the smart-home automation device maker, for its developer platform.


The deal closed this morning with undisclosed terms. It wasn’t about adding the Revolv home automation hub to the Nest shelf — as Nest did with its $555 million Dropcam buyin June. Instead, this acquisition seems to be primarily based on the Revolv team’s expertise in home wireless communications. Nest itself was bought by Google for $3.2 billion earlier this year.


The $300 Revolv home automation hub will no longer be available for sale, Nest said. It was an expensive option (though well-functioning, according to our reviewer Lauren Goode) that doesn’t seem to have sold very well, if you look at the small numbers of downloads and reviews for its companion apps.


 


Rest of the article can be found here: http://recode.net/2014/10/24/nest-acquires-home-automation-hub-revolv-but-will-stop-selling-it/


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Anyone glad they didn't purchase the Revolv system?  I am.

 

This makes me think one thing though.  Samsung and SmartThings better get busy fast with cameras. Native cameras.  Nest, Dropcam, and a multiple radio hub? That's a powerful platform.

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