GoPro IPO and Google’s Nest & Dropcam Deal Leave Ambarella Sitting Pretty
By
Rick Munarriz
Ambarella (NASDAQ: AMBA ) seems to be hanging around the cool kids these days. Its two biggest clients — wearable camera leader GoPro and surveillance camera speedster Dropcam — are in the news right now, and Ambarella stands to be the welcome beneficiary in both cases.
Over the weekend we learned that Google’s (NASDAQ: GOOG ) (NASDAQ: GOOGL ) recently acquired Nest has hatched a buyout of its own. The company behind the high-tech learning thermostats is confirming the purchase of Dropcam that third party sources price as a $555 million deal.
via GoPro IPO and Google’s Nest & Dropcam Deal Leave Ambarella Sitting Pretty.
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