Re:Google to Acquire Nest
by k-mcgrady on Monday January 13, 2014 @04:19PM
(#7053376)
Very surprised Apple didn't purchase this. Headed by Tony Fadell, brilliant design, I thought it would fit and be a nice diversification for them. However it will be very interesting to see what Google does with this. If I put away the cynic in me for a moment: the more data Google has on me the better their services are for me. I could imagine the Nest thermostat integrating with Google Now and the location data Google has on me for example to better now my comings and going.
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Google Ventures backed much of the company. So I doubt the VCs would let Apple make a lowball bid for the company (typical of Apple acquisitions). Plus Apple is never known to leave a company running, instead fully integrating it and all of the employees into some already functioning group (think iWatch).
^^^^^^^^ So much of this. What I see happening is integration with Now - the system already knows when I leave work and when I leave home, and how long my commute is probably going to be. Instead of a dumb timer, it can adjust the controls based on that information.
I doubt Tony Fadell wants Jony Ive to tell him what to do.
I would've been surprised if Apple had bought them. They strike me as a highly NIH outfit.
Re:Google to Acquire Nest
by crucifiction on Tuesday January 14, 2014 @01:01AM
(#7055632)
Perhaps Google bought them because Apple did try to make a bid. Hence the inflated price...
Apparently Google was the only serious bidder and Apple was not in the mix. Source: http://recode.net/2014/01/13/google-acquires-nest-for-3-2b/