If you've not heard of Revolv, the company was an all-in-one smarthome "hub" solution that wanted to operate as communication nexus for all the stuff in your house. Sprinklers, lights, door locks, stereos, TVs, you name it. If you want an example, you can watch this incredibly awkward video.
Update: Nest has posted a very helpful Q&A about what will become of Nest after the acquisition, and things like iOS compatibility. Check out the full statement here, and see the pasted Q&A section below. Also, you can red CEO Tony Fadell's statement on Nest's blog, right here.
Will Nest continue to support iOS so I can have the Nest app on my iPhone or iPad? Yes, absolutely. We’ll continue supporting iOS, Android and modern web browsers so you can check in on your home and control the temperature from wherever you are.
If you're familiar with the brand name Nest Labs, then you already know that this company basically changed the way the common household thermostat works with its Nest Thermostat. Now it wants to do the same thing for another household necessity: the smoke/carbon monoxide detector. This new offering, dubbed Nest Protect, is a sleek, sexy looking box that replaces the tired old white disk currently attached to your ceiling.