Posted by : Unknown
Tuesday, 14 January 2014
Google acquired "Nest Labs"-designer and manufacturer of home products
The search engine giants Google has acquired Nest Labs for $3.2 billion reportedly.
Nest Labs is designer and manufacturer of home products, founded in 2010 by Tony Fadell & Matt Rogers. The company has a learning thermostat and a carbon monoxide & smoke detector currently for sale. These equipments connect with Android and iOS devices to enhance their usual functionality and remote accessibility. More importantly you can check in on your home and control the temperature from wherever you are. It is also known for ease of use, awesome automation and its own energy saving technology.
Currently the service is available in US, Canada and the UK only. Nest will continue to operate with its own brand, under the leadership of the founder and current CEO Tony Fadell. There's no statement about Google's future plans with Nest, though we can expect some sort of cool home implementations.
Google hopes to help bring Nest to homes in more countries. Nest said that they will now be even “better placed to build simple, thoughtful devices that make life easier at home, and have a positive impact on the world.”
Read the Q&A posted on Nest site here.