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Google acquires Nest Labs for $3.2 billion


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Nest will remain its own private entity, controlled and funded by Google. We are not sure how long this will last and if Google will start getting their hands in on the software and services, making sure they have a long term income flow.

Google’s acquisitions last year and this year look to be all about robots and smart devices. The $1 billion Waze acquisition was the big difference, but this has since been integrated into the Google Maps app and the team is still working on full integration.

Nest Labs future looks bright, many believe their next venture is into smart home security. Google looks poised to take over the home, with a whole range of automation tools for users, including self-driving cars.



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