Google to Acquire Nest Labs

Google has agreed to buy Nest labs for $3.2 Billion in cash. Nest Labs is best known for its Smart thermostat & the recently launched Protect (Smoke + CO Alarm). Nest will continue to operate under Tony Fadell and with its own unique brand identity. The acquisition of Nest by Google has taken the Tech circles by surprise & this will mark Google’s foray into internet of things.

Google has been venturing into things beyond search on computers & mobile. It recently acquired Boston Dynamics, which makes robots. Google Glass, Motorola Mobility, Chromecast, Robots & now Nest labs’ thermostat will provide Google with an array of information on the lives of People. Hardware, Software, Sensors & Algorithm provide a great deal of information on what is going on inside the home.

google nest
google nest
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One thought on “Google to Acquire Nest Labs

  1. SocialBiker January 14, 2014 / 11:19 am

    Weird acquisition, but makes sense when it comes to get data (meaningful data). Thanks for the update Harsha! :)

    Like

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