Google to Acquire Nest(investor.google.com)

684 pointsby coloneltcb13 tahun yang lalu568 comments

investor.google.com

http://investor.google.com/releases/2014/0113.html

568 comments

loganu13 tahun yang lalu

It's not a talent acquisition. It's not a move towards more government monitoring. It's not meant to increase G+ sign-ups or sell ads for more efficient furnaces.

It's a play into the growing "connected product" / smart home segment. When you combine google's resources, their current software and hardware products, and the type of products Nest is likely to move on to, you get some strong synergies that Google would be dumb to ignore. A little more discussion on where things could go from here (that doesn't touch on the NSA or government subpoenas) would be really refreshing.

wil42113 tahun yang lalu

So will they shut it down like they did when bought sparrow or bump?

I thought sparrow was great for iOS and OS X. Googles gmail app is not as stable.

Lately I've been concerned about google and privacy this make make me change my mind and just buy a competitors version of a "nest". The price is what has been keeping me away.

Fogest13 tahun yang lalu

Nest has a post on their blog about this as well if you're interested: https://nest.com/blog/2014/01/13/nest-google-and-you/

I am not sure why people always say Google makes companies suck. This may be the case sometimes, but it is that way for most companies who buy things if they try to make changes. Just look at YouTube. It has become quite successful, despite some poor decisions.

ivv13 tahun yang lalu

Theoretically, Google could now be remotely adjusting your room temperature to maximize (or minimize) the effectiveness of advertising. [1]

[1] http://anzmac.info/conference/2013/bestpapers/anzmac2013-364...

abvdasker13 tahun yang lalu

I hate to be that guy, but I think if Google's plan really is to tackle tech in the home, it probably isn't going to work out. The attempt to better integrate technology with common household devices and appliances is nothing new [1]. Most of the previous attempts over the last 20 years have have been met with limited success.

The biggest obstacle is and has been that most of the utilitarian devices in homes already do their jobs pretty well. They're also inexpensive. What does Nest/Google have to offer that won't be more expensive and will present some life-changing advantage over a conventional stove/thermostat/garage door opener?

[1] http://www.internetnews.com/xSP/article.php/1489021

dorfsmay13 tahun yang lalu

So that means you'll have to have a google plus account, older than 13, and use an interface that use a protocol that replaces snmp but that is propriwtary to google, just to change the twmperature?

keithg13 tahun yang lalu

Finally a tech company with enough good sense to realize that if you get a buyout offer that starts will "b" and ends with "illions", you take the money!

ericcumbee13 tahun yang lalu

On one hand google having more information is unsettling but at the same time it could lead to some interesting possibilities. In the summer my nest kicks the AC on at about 4:45 assuming that I will get home sometime around 5pm. But say I go afterwork to have a beer or drink coffee and stay out until 8pm. Nest knowing where my phone is means it could be smart enough to not turn my AC on until I am headed home.

cocoflunchy13 tahun yang lalu

$3.2 billion?

BIair13 tahun yang lalu

On the face, appears to be a huge valuation for an overpriced thermostat and smoke alarm. But combined with their recent robotic acquisitions I wonder if this signals a move beyond the smart phone, and smart car, to the smart home? If Google engineers want to build the Star Trek computer, surely they want to build the Jetsons home.

granttimmerman13 tahun yang lalu

Well, I guess that's one reason/excuse why Nest turned me down a summer internship when I applied last November.

outside123413 tahun yang lalu

When do we start getting ads on the Thermostat? Or ads on our browser asking us why we are spending so much time at home?

jerdavis13 tahun yang lalu

This doesn't make a whole lot of sense to me. Besides the fact that Nest is a great product (But so are Triscuits), why would Google buy them? The Nest _does_ know when you are home. If Google starts to use Nest data to target adds at me, I'm going to rip it out, set it on fire, and mail it to Larry.

HorizonXP13 tahun yang lalu

All I can say is that KPo is a beast, and he's totally why Google paid such a large sum of money for Nest.

fudgy7313 tahun yang lalu

$3.2 BILLION?! Was Nest Labs making a profit? Seemed to me like they made cool devices that no one bought.

Cub313 tahun yang lalu

Maybe we'll finally see Android @ Home become a reality

http://techcrunch.com/2012/06/24/what-happened-to-android-at...

Luke-Jr13 tahun yang lalu

Maybe Google will push Nest to comply with the GPL terms? They're currently missing the (required by GPLv2) build/install stuff from their source code releases... I've been unable to get root on mine so far :(

bitwize13 tahun yang lalu

Oh great.

You have set a temperature of 65°F. Share your climate preferences your Google+ circles?

cleaver13 tahun yang lalu

My thought on the topic, after being shocked at the price, was that Apple must have some home automation products as their next big thing.

3.2B to head off Apple from creating the "iPod of home automation" is still a bargain.

eyeareque13 tahun yang lalu

"It smells like you've burned your dinner. Would you like to order Dominos for delivery?"

I love my nest. I hope they do good things with the brand. I'll admit.. I am fearful for what they'll do with it.

rhythmvs13 tahun yang lalu

Well, then we should have a better look at http://www.loxone.com/ and maybe so keep our actual real-life data out of black box data centers.

blueskin_13 tahun yang lalu

Suddenly I no longer want one. I loved the idea when it was a simple way to save on power bills, but I wouldn't have google spy on me even if I was paid money to use it.

abhi318813 tahun yang lalu

After a look at Google's smart house experiment in London, I think it's safe to say, their next lot of acquisition targets will be home automation companies.

WWKong13 tahun yang lalu

This proves that the market for "better mouse trap" is huge. Look around the house. Pick something. Anything. Create a better version.

benwerd13 tahun yang lalu

Do other large tech companies not realize what Google's up to, are they unable to try to compete, or do they just not care?

pgcosta13 tahun yang lalu

I understand why this is a good aquisition, but still 3.2B... The valuation was 'only' 2B. That escaleted a lot!

elwell13 tahun yang lalu

"OK Google, flush the toliet."

kgarten13 tahun yang lalu

I guess in future I'll need a google+ account to adjust the temperature in my house ... :)

regnum13 tahun yang lalu

Good thing the Google founders have grown up and don't need adult supervision anymore.

sushirain13 tahun yang lalu

Google + Nest + Boston Dynamics + Ray Kurzweil = Domestic Robot?