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| The agreement has been signed for $555 million in cash |
Google-owned Nest Labs, Inc. (nest.com) announced recently that it has entered into an agreement to buy Dropcam for $555 million in cash, subject to adjustments. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the US.
See latest article from our Editor on how this space is witnessing some solid activity.
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