Smart home start-up Revolv has been acquired by Nest for an undisclosed amount, giving an exit to American Family and Liberty Global.
US-based smart hub company Revolv has been acquired by connected device firm Nest for an undisclosed amount, providing exits to cable service provider Liberty Global and insurer American Family Insurance.
Revolv has created a home hub from which users can connect and control their connected devices.
Nest made the purchase to acquire Revolv’s engineering team, which will now join Nest while Revolv’s home hub’s development is stopped and manufacturing discontinued.
The Revolv team will work on Nest’s developers programme,…
