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Google to Acquire Nest

investor.google.com

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Re: Google to Acquire Nest

#121
post #66

Earlier quoted context omitted.

Yeah, motorola products have completely gone down the toilet after that acquisition. They were so great before with fast updates and a wonderful skin of android, and now they're either non-innovative or way too overpriced for the value.

I think there a lot of things to bash Google on, but the outcome of Motorola is not one of them. The G and X look like great phones and they were all pieces of shit before.

the parent comment was sarcasm.

I immediately thought 'google will tie this into your google phone for you. That could be pretty nice.'

Re: Google to Acquire Nest

#122
post #66

Earlier quoted context omitted.

Yeah, motorola products have completely gone down the toilet after that acquisition. They were so great before with fast updates and a wonderful skin of android, and now they're either non-innovative or way too overpriced for the value.

I think there a lot of things to bash Google on, but the outcome of Motorola is not one of them. The G and X look like great phones and they were all pieces of shit before.

pspb is clearly making an ill-advised attempt at sarcasm.

Re: Google to Acquire Nest

#123
post #10

Seriously 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 core competency: know everything. Look at anything Google does from that perspective. Each Nest will feed data (anonymized, of course / cough /) back to Google so they'll know home heating patterns, heck, home usage patterns (it watches activity and proactively & predictively adjusts for when people are/aren't around). Feed vast amounts of that data into the cumulatively large (no adjective does it justice)…

Integration with Google Now would seem like the logical next step.

Re: Google to Acquire Nest

#124
post #39

Earlier quoted context omitted.

They have paying customers. It matters.

Nest has customers who have paid it, it does not have paying customers. There is no ongoing fee despite every device Nest sells being connected to its servers 24/7/365. It takes no more than ~3 seconds for any changes you make on their web/mobile apps to reach the thermostat, so it has to be at least checking in with a server constantly.

I don't think that a 24/7 network connection of a customer that just paid $249 for a thermostat is that much of an monetization issue for a company like Google. (for comparison: more than 1 billion Android devices are currently connected to their servers 24/7/365)

Re: Google to Acquire Nest

#125
post #12

The 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.

Am I the only one that doesn't get chills up their spine whenever Google breaks into some new market? I see very little possible misuse of temperature preference (of all things...) and very great possible gains. The more intimately a service knows you, the more personalized and relevant data it can bring. And another thing, I am really sick and tired of tempering or being told to temper my enthusiasm for some new tec…

[deleted]

Re: Google to Acquire Nest

#127
post #66

Am I the only one who thought "well, good for the Nest guys" followed by "too bad, it looked like a good product"?

Yeah, motorola products have completely gone down the toilet after that acquisition. They were so great before with fast updates and a wonderful skin of android, and now they're either non-innovative or way too overpriced for the value.

Yeah, and like Android and Youtube. Sarcasm aside, Google has actually done pretty well with acquisitions compared to other companies. (Say ones that begin with "M" or "Y").

You can see the list in wikipedia: http://en.wikipedia.org/wiki/List_of_mergers_and_acquisition...

Re: Google to Acquire Nest

#129
post #12

The 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.

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