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Google Interested in Buying Dropcam to Boost Smart Home Business

by Todd Haselton | May 27, 2014May 27, 2014 7:30 am PST

GG2013 - Break - Dropcam Pro

Google’s smart home business officially lifted off the ground when the company acquired Nest in January of this year. The firm is reportedly interested in expanding that business with new acquisitions and has had its eyes on Dropcam, the maker of the popular and affordable video-based home monitoring system.

According to The Information, Google has at least some interest in buying Dropcam, though just how far along any potential acquisitions talks are is unclear — if they’re happening at all. The goal is to “accelerate the push” of the company’s efforts into creating a more connected home, however. Google already has two products on the market through Nest, including the Learning Thermostat and Nest Protect, though the former was recently recalled due to a software bug — one of the constant roadblocks that will affect the future of connected homes.

Dropcam would give Google yet another consumer-facing product for its connected home business ahead of competitors like Apple, which is reportedly gearing up to announce its own platform during WWDC next month. Dropcam is innovative, too, and recently introduced a product called Dropcam Tabs that allow you to track activity around your home using a Bluetooth Low Energy connection.

We’ll let you know if the talks advance or if anything happens, but for now the interest at least shows Google’s commitment to generating new business from its smart home unit.

The Information

Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...