Talking about acquisitions, here's an acquisition that everyone is talking about.
Google has just acquired Nest, a maker of smart smoke alarms and thermostats and now everyone is talking about "connected home".
The connected home concept is to connect us with our household appliances and heating and lighting system over the internet so that we can control them even when we are outside our homes.
Google first started with the connected home concept with its Android@Home, its attempt at making our homes smart but it flopped and yet, again it is trying its best to jump into this sector. That's one reason why it acquired Nest at $3.2 billion, which is the highest amount that the company has paid so far in comparison to its hit acquired-services like YouTube and Android. Thus, we call it the mother of acquisitions.
Nest was found in the year 2010 by two former Apple employees Tony Fadell and Matt Rogers and is the maker of thermostat and smoke-and-carbon-monoxide monitor that can be controlled via Wi-Fi from a smartphone and can reprogram itself based on its user's behavior. Their products are only available in the US, Canada and the United Kingdom.
If you ask me, I'm in favor of Google reaching our homes and controlling things. If the search engine giant actually changes the way we interact with our household appliances, imagine the possibilities. But one thing for sure there are a lot of things and aspects that the company has to work on like making the system hack-proof.
According to James McQuivey, an industry analyst at Forrester Research, "It's about building that in-home relationship with the consumer."
So what do you think of this acquisition? Leave us your comments below.
Google has just acquired Nest, a maker of smart smoke alarms and thermostats and now everyone is talking about "connected home".
The connected home concept is to connect us with our household appliances and heating and lighting system over the internet so that we can control them even when we are outside our homes.
Google first started with the connected home concept with its Android@Home, its attempt at making our homes smart but it flopped and yet, again it is trying its best to jump into this sector. That's one reason why it acquired Nest at $3.2 billion, which is the highest amount that the company has paid so far in comparison to its hit acquired-services like YouTube and Android. Thus, we call it the mother of acquisitions.
Nest was found in the year 2010 by two former Apple employees Tony Fadell and Matt Rogers and is the maker of thermostat and smoke-and-carbon-monoxide monitor that can be controlled via Wi-Fi from a smartphone and can reprogram itself based on its user's behavior. Their products are only available in the US, Canada and the United Kingdom.
Google already is almost every where and it's about time it reaches our homes, in short it wants to control our lives.
If you ask me, I'm in favor of Google reaching our homes and controlling things. If the search engine giant actually changes the way we interact with our household appliances, imagine the possibilities. But one thing for sure there are a lot of things and aspects that the company has to work on like making the system hack-proof.
According to James McQuivey, an industry analyst at Forrester Research, "It's about building that in-home relationship with the consumer."
So what do you think of this acquisition? Leave us your comments below.
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