Re:Google to Acquire Nest
by angersock on Monday January 13, 2014 @04:15PM
(#7053339)
It's not the tech, it's the install/customer base.
[ Parent
| on HN ]
How large is the installed base? It appears to be small for smart thermostats and even smaller for Nest.
http://thinkprogress.org/climate/2013/11/02/2877211/smart-th...
Would it really take $3.2b to engineer a product similar to Nest and market it to an even wider audience? I'm happy for Nest guys, but the number is a bit ridiculous.
You also get Tony Fadell, which is pretty damn huge. It’s almost like acquiring a Forstall company.