Google Inc.’s Nest Labs is acquiring Dropcam Inc. for $555 million to boost its offerings for the connected home. The deal will be in cash and subject to adjustments, Nest said in a statement yesterday. Dropcam makes in-home cameras that can be checked from a smartphone anywhere in the world, an offering that would broaden Nest’s product line-up into home security. Nest sells digital thermostats and smoke alarms that can also be checked and adjusted remotely from mobile gadgets. http://www.bloomberg.com/news/2014-06-21/google-s-nest-buying-security-company-dropcam-for-555-million.html