residential security company
Rival software firms Apple and Google are two major players in this marketspace. Google recently acquired the aforementioned Nest Learning Thermostat for $3. 2 billion, and has designs on the home security market. Apple is designing a software platform to control smart home devices, and is in talks with a group of retailers to incorporate it into their devices. Another large player in this market is ATandT, whose Digital Life service, consisting of one app and a wireless adapter device, aggregates all services and devices and the consumer pays a monthly fee for this service. Samsung, GE, Comcast, Time Warner, Staples, Best Buy, ADT, Tyco, and other firms are also in the mix.