Nest has just acquired Boulder-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 positions it strongly in the second.
Nest, best known for its “learning thermostat,” has made another step into being the center of the smart home world. Today it announced it has acquired smart home hub startup Revolv. Financial details of the acquisition were not disclosed. The deal closed this morning, according to Nest PR. Colorado-based Revolv made a hardware hub with a bunch of radios packed inside to make all the various smart home devices talk to each other. Through the Revolv app, you could sync up smart home interactions. “Nest bought a team of people knowledgable in the interoperability of a wide variety of radio technology and software protocols in order to make integration easier for partners and customers,” said Forrester analyst Frank Gillett.
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