This Possible Google Inc Acquisition Makes Perfect Sense

Google  (NASDAQ: GOOG  ) might be looking to acquire Dropcam, the connected camera start-up that's been gaining traction. Dropcam offers cloud-based Wi-Fi video monitoring to users. The device itself costs $150 to $200, while its Cloud Recording service costs $100 to $300 per year, which allows users to store and view up to 30 days worth of recordings. Getting financial backing from a tech heavyweight could allow Dropcam to continue growing even more.

Even Apple  (NASDAQ: AAPL  ) was named as a potential suitor, although it makes more sense for Google to cut the check. Dropcam would be a perfect complement to Nest, which Google acquired earlier this year. In fact, many have said that Dropcam is doing for surveillance cameras what Nest did for thermostats. Google is clearly interested in growing its hardware presence in the smart home, in which case Dropcam could fit quite nicely.

In this segment of Tech Teardown, Erin Kennedy discusses Google and Dropcam with Evan Niu, CFA, our tech and telecom bureau chief.

Are you ready to profit from this $14.4 trillion revolution?
Let's face it, every investor wants to get in on revolutionary ideas before they hit it big. Like buying PC-maker Dell in the late 1980s, before the consumer computing boom. Or purchasing stock in e-commerce pioneer Amazon.com in the late 1990s, when it was nothing more than an upstart online bookstore. The problem is, most investors don't understand the key to investing in hyper-growth markets. The real trick is to find a small-cap "pure-play" and then watch as it grows in EXPLOSIVE lockstep with its industry. Our expert team of equity analysts has identified one stock that's poised to produce rocket-ship returns with the next $14.4 TRILLION industry. Click here to get the full story in this eye-opening report.


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2972926, ~/Articles/ArticleHandler.aspx, 9/18/2014 3:52:15 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement