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Google to Acquire Nest

investor.google.com

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Re: Google to Acquire Nest

#3
Given 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.

Re: Google to Acquire Nest

#6
Coming soon: audio ads, broadcast throughout your home via your Nest Protect. Since it knows if you're moving, it can wait and play the ad when it knows you're there, allowing Google to charge a higher cost per impression.

Re: Google to Acquire Nest

#7
"Google Inc. (NASDAQ: GOOG) announced today that it has entered into an agreement to buy Nest Labs, Inc. for $3.2 billion in cash."

Can that be right? $3.2 billion? That's a crazy huge sum.

Re: Google to Acquire Nest

#8
Smart buy in my opinion. The connected home has enormous untapped growth potential, and they just acquired a company that managed to take something as mundane as a thermostat and make it cool.

Re: Google to Acquire Nest

#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?
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