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Google bought Nest Dropcam Home Security System Company

Home Security company Nest labs announced that it will be buying IP company dropcam for $555 million in cash. According to Re/code the deal signed on Friday, has yet to close. Google bought Nest in January for $3.2 billion. Dropcam, which lets users monitor homes and offices via its camera hardware and software, will adopt Nest's privacy policy after the acquisitions, the latter company said in its blog post.

Google bought Nest Dropcam Home Security System Company

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