Nest Looking to Improve Smart Home Ecosystem with Revolv Acquisition

Home automation company Nest continues to look strong in the smart home market with its recent purchase of smart home platform Revolv.

The acquisition serves as a tool the company can use to make smart homes more advanced, according to The Verge. While terms of the deal have yet to be revealed, the Revolv team will stay at its home base in Boulder, Colo., but will be working from a new Nest office.

"It's a super strong group," said Matt Rogers, co-founder of Nest. "When it comes to home wireless and home communication, this is the best team out there. They've been in this industry for about a decaded."

Revolv joins other products that Nest has used to succeed in the market, such as its smart thermostat and smoke detector.

The purchase also represents Nest's shift from hardware products towards software, Gizmodo reported.

Nest is currently focusing on working with other companies in its Works With Nest developer program, which is aimed at connecting with other companies to devices made by Nest. Additions to the program include smart sprinkler system Rachio, voice-controlled home assistant Ivee, leak and moisture detection system WallyHome, smartphone-tracking app Life360 and popular smartwatch Pebble.

Rogers said Works With Nest is intended to provide a platform for people to build their businesses, The Verge reported.

"We've been working with about 30-40 companies closely and three to four thousand developers," he said. We've noticed that there's a lot of interesting working with Nest, and we've brought in these guys to help build that. We would like to get Works with Nest to the point where the ecosystem is much more rich."

The acquisition has been finalized, and the Revolv team is scheduled to begin strengthening Nest's ecosystem on Monday.

Tags
Nest, Smart home
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