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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 :: Read the full article »»»»