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Google’s Hot New Buy, Smart-home integrator, Nest Labs

Posted: January 14th, 2014 | Author: | Filed under: Technology | Tags: , , , , , , , , , , , , | Comments Off on Google’s Hot New Buy, Smart-home integrator, Nest Labs

Google's Hot New Buy, Smart-home integrator, Nest LabsThe 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 Technoid article »»»»


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