Nest to Disable Revolv Hub, Mulls Paying Again Customers
Early adopters who sprung for Nest’s $299 Revolv sensible residence hub might get their a refund.
Revolv was acquired by Nest, Aphabet’s sensible house arm, in 2014. On Might 15, the Revolv system will not work — customers should discover a new option to management their sensible residence techniques.
In the meantime, the cash that Nest would have spent on supporting Revolv will go towards the Works with Nest system, which hyperlinks to numerous sensible house units with family names like Whirlpool dishwashers and Philips lights, in response to Nest.
"Revolv was a fantastic first step towards the related house, however we consider that Works with Nest is a greater answer and are allocating assets towards that program accordingly," Nest spokesman Billy Burnett stated in an e mail to CNBC.
Nest is working with clients on a case-by-case foundation on compensation, in accordance Burnett. The corporate wouldn’t disclose precisely how Revolv customers can be compensated or whether or not their Revolv units might be changed by Nest units.
Nest declined to share the variety of clients affected by the Revolv shutdown.
Final week, two key Nest staff left the corporate amid growing strain to enhance gross sales of web-related units, based on a Re/code report.