Home Google acquires Nest for $3.2 billion: Is it finally time for smart homes to become a reality?
 

Keywords :   


Google acquires Nest for $3.2 billion: Is it finally time for smart homes to become a reality?

2014-01-14 18:59:14| Extremetech

Google has acquired Nest Labs, maker of the Nest thermostat and Protect smoke detector, for the princely sum of $3.2 billion in cash. Putting aside the utterly absurd price -- it's twice what Google paid for YouTube, and 64 times what it paid for Android -- the main takeaway here is that Google, after a false start with Android@Home, is getting back into the home automation/smart home/internet of things game. The big picture, ladies and gentlemen, is that your dream of a smart, internet-connected home, with water, heating, light, security, and AC that you can control from anywhere, is very nearly here -- and it'll be powered by Google.

Tags: to time google finally

Category:Information Technology

Latest from this category

All news

»
14.11DX&DX
14.111973
14.11Grand Prix 5000 S TR 25C
14.11PUMA Z 1.2 FG/AG FIRST MILE
14.11.45
14.1163
14.11DVD18
14.11THEE MICHELLE GUN ELEPHANT
More »