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Google’s Hot New Buy, Nest

Posted: January 15th, 2014 | Author: | Filed under: Google, Tech-Business News, Technoid Computer News | Tags: , , , , , , , , , | Comments Off on Google’s Hot New Buy, Nest

Google's Hot New Buy, NestThe behemoth that is Google, has announced it’s first acquisition for the year, it’s buying Nest, a smart thermostat maker set up by former Apple genius and iPod visionary, Tony Fadell, in a deal said to be worth $US3.2 billion/$AU3.5 billion.

This latest big-ticket buy continues a move by the California-based search giant into consumer electronics hardware, adding smartphone-synced thermostats to its Motorola Mobility smartphones, Nexus mobile devices, Chromecast, and the promised release of  Google Glass some time this year.

Nest Labs makes internet connected smoke detectors and thermostats. The company set about reinventing simple, but essential household devices in 2011 with the launch of it’s Nest Learning Thermostat and follow up product, Protect, a smoke alarm controlled by mobile devices ::::

“They’re already delivering amazing products you can buy right now – thermostats that save energy and smoke/CO alarms that can help keep your family safe,” Google chief executive Larry Page said in a press release. “We are excited to bring great experiences to more homes in more countries and fulfil their dreams.”

The fast growing company is a well placed product for Google, household gadget integration just got a bunch closer for the internets number one search engine.

“Google has the business resources, global scale and platform reach to accelerate Nest growth across hardware, software and services for the home globally,” Mr Fadell, Nest’s co-founder and chief executive, said. “And our company visions are well aligned – we both believe in letting technology do the hard work behind the scenes so people can get on with the things that matter in life.”

Mr Fadell is a former senior vice president of the Apple division behind iPods and iPhones, fellow co-founder Matt Rogers was a lead iPod software engineer working with Mr Fadell at Apple.

Nest’s vice president of technology, Yoky Matsuoka, was once head of innovations at Google.

Mr Fadell was inspired to create Nest when building an environmentally-friendly home in Northern California. He says he discovered that thermostat technology was stuck in a bygone era, and set about pulling together a team to bring the thermostat into the mobile internet age. The sleek, disc-shaped thermostat is controlled by turning an outer ring.

A black display screen showing the temperature turns blue to indicate cooling or red to show rooms are being heated. Machine learning built into thermostats lets them adapt to patterns in homes within a week of regular use. The more users adjust their Nest thermostats, the more precisely the devices learn preferred comfort levels in homes.

Sensors in the thermostat assess whether lights are on or if there is movement, determining when people are away and then shifting to energy-saving settings.

@m_dangerfield

RELATED! 5 Reasons it was good to be Google in 2013

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For Google 2013 was simply another year, steaming on to solidified its place at the center of almost every arena in internet economy.

In the quadrangle of the internet age, sidled up with Apple, Facebook and Amazon, Google is the only one to have competed in all arenas including: retail, hardware, television, social networking and search. Although it performed better in some arenas – wink wink, Plus Google – it’s a hardship to write-off Google from any of them.

Google’s 2013 success was the result of a largish range of new product releases, acquisitions and long term project coming to fruition. From Google Glass, Chromecast, Play,Moto X and all the way back to it’s roots, search.

The one thing Google hasn’t done is remained still. We’ve rounded up some of Google’s most important moments of this past year, moments that contributed to the giants exponential tech-rise :: Read the full article »»»»

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The worldwide mobile market shipped an amazing 467 million new phones in the third quarter of 2013. Mobile researchers IDC said figures show the overall market grew 39.9% to 261.1 million units, up from 186.7 million a year ago.

The clear market leader was Google Android, shipping upward of 210 million devices, more than the total number of smartphones sold for all platforms combined quarter on quarter.

The platform now claims an amazing 81% of the worldwide smartphone market, but wait there’s more :: Read the full article »»»»

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The Arirang – complete with touch screen, high-pixel camera, and its very own set of apps – is being offered for sale to North Korea’s reported two million mobile phone users, all of whom are prevented from contacting the outside world.

The phone, named after a famous Korean folk song, has already gained the approval of the country’s President, Kim Jong-un, Pyongyang’s official Korean Central News Agency – KCNA – reported.

Visiting a factory where the phone was said to be produced, Mr Kim was reported to have praised its Korean-style applications, which he says provided best convenience to users while guaranteeing security. State security, that is :: Read the full article »»»»

GIFTS.FOR.HER GIFTS.FOR.HIM

source: afp
source: businessinsider
source: nest
source: google
image source: nest/youtube


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