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Showing posts with label Mother Of Acquisitions. Show all posts
Showing posts with label Mother Of Acquisitions. Show all posts
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.
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