Why Google Bought Nest: A Theory
Google is acquiring Nest, makers of a smart thermostat, for a reported $3.2 billion. Perhaps it seems obvious why Google would want to buy the company, founded by former Apple executive Tony Faddell. The comments on Twitter were immediate, for sure. For example, investor Howard Lindzon wrote, "[Google] wants all your home data." But I think it's easier to slot in this purchase with Google's recent push into robotics, led by the former head of Android, Andy Rubin.
Jan-18-2017, 12:03:28 GMT
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