Alphabet's Nest unit, which makes internet-linked home devices, is entering the security-hardware market as it tries to expand beyond its smart-thermostat business.
At an event in San Francisco on Wednesday, the company unveiled a variety of products for home security, including a smart doorbell with camera and facial recognition and a home security system consisting of motion-detecting sensors and cameras. The company says it's focused on ease of use.
At the event, Nest CEO Marwan Fawaz forecast that the company will ship more products this year than in last two years combined. "Security is an industry desperate for innovation," Fawaz said. Wired also reported that an unnamed Nest executive said the division would be on a $1 billion "run rate" by the end of this year -- meaning it would be on track to book $1 billion in revenue over a 12-month period -- but Nest declined to comment on that figure.
The first product introduced was a "smart" doorbell called Hello that will include a camera and facial recognition to identify visitors. It will ship next year, and Nest did not announce pricing.