Am I the only one who thought "well, good for the Nest guys" followed by "too bad, it looked like a good product"?
Google to Acquire Nest
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Re: Google to Acquire Nest
#12The cynic in me shudders at the possibility of Google adding even more real-world data like temperature preference and lifestyle factors to their massive data portfolio.
The idealist in me is incredibly excited at the possibility of Nest's fundamental strengths being bolstered by Google's coffers.
Re: Google to Acquire Nest
#13Seriously not trying to troll, but could someone help explain where Google might see 3.2 billion dollars of value in a company that pretty much just sells a successful thermostat?
connected devices
Re: Google to Acquire Nest
#14Given Google's history with acquisitions, as a Nest owner, I'm not thrilled to hear this. Hopefully they let it run as independently as possible.
Google always shuts stuff down. Which is just a big laugh when its an internet application, but not so funny when its your thermostat. Anyone know what happens when GOOG shuts off the Nest system? Hopefully the thermostat reverts to at least a simple dumb mode rather than shutting everything off?
Re: Google to Acquire Nest
#15$3.2b makes me think there has to be some awesome technology that they own or pipeline, as I can't get excited about the thermostat.
It is a great idea, and played with one a bit, but it isn't solving any large HVAC issues - the thermostat is simply an on/off switch for the real working hardware in your basement/outside.
So, what else do they do that makes Google want to pay $3+ billion (pinkie to lip) for Nest?
Re: Google to Acquire Nest
#16Argh, I was just about to buy some Nest Protects, but I don't want Google sensors built into my house.
Re: Google to Acquire Nest
#17Given Google's history with acquisitions, as a Nest owner, I'm not thrilled to hear this. Hopefully they let it run as independently as possible.
On the other hand, Android, Inc. was an acquisition with a similar purpose–to break into a new product space–and it grew into a fully-supported division. I don't think Google will treat this as an acquihire situation.
Re: Google to Acquire Nest
#18Seriously not trying to troll, but could someone help explain where Google might see 3.2 billion dollars of value in a company that pretty much just sells a successful thermostat?
Google's tried to get into this "smart home" game before with limited success[1]. I'd assume this may get them a leg up.
Re: Google to Acquire Nest
#19So perhaps being able to dissect nearly every aspect of a users online life is not enough for Google, now they want to offer a range of devices that can start recording the minucia of everyday home life.
Re: Google to Acquire Nest
#20I have a feeling I'll be ripping the Nest off of my wall in no time.