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Tuesday 21.11.2017 | Name days: Andis, Zeltīte

Nest Labs acquired by Google for USD 3.2 billion

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUGoogle announced on January 13 that it has concluded an agreement to acquire Nest Labs for USD 3.2 billion. Nest Labs is a manufacturer of internet-connected thermostats and smoke detectors.

The company was founded by Tony Fadell, who was responsible for the Apple product line of iPods after Steve Jobs deceased.

Business Insider evaluates that the development is hard to believe as in the U.S. computing business Apple and Google are seen as bitter rivals.

Over two years of operation, Nest Labs has designed several witty products, such as thermostats that can be controlled remotely via smartphone and Protect a combination device of smoke and CO alarm.

Ref: 111.111.111.687

 

The company was founded by Tony Fadell, who was responsible for the Apple product line of iPods after Steve Jobs deceased.

 

Business Insider evaluates that the development is hard to believe as in the U.S. computing business Apple and Google are seen as bitter rivals.

 

Over two year of operation of Nest Labs, the company has designed several witty products, such as thermostats that can be controlled remotely via smartphone and Protect a combination device of smoke and CO alarm.

 

Ref: 111.111.111.687


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