Friday, March 29, 2024
HomeHomeGoogle Buys Nest Labs For $3.2 billion

Google Buys Nest Labs For $3.2 billion

capture-20140113-192933-crop

Nest Labs makes Internet-connected thermostats and smoke detectors.

It was founded by Tony Fadell, the guy most responsible for the iPod after Steve Jobs.

It’s incredible to think that he’s going to be working for Google considering Apple and Google are bitter enemies.

Fadell founded Nest two years ago. There were reports that he was looking at raising a fresh round of funding. Looks like he decided to sell instead. Nest had raised $230 million in funding to date. Google Ventures was one of its biggest backers.

Nest’s beautifully designed thermostat sells for $250. It can be controlled remotely through a smartphone. It also learns your behavior and adjusts the temperature automatically over time.

http://youtu.be/_wYCu92zG9w

The Heat Reporter
The Heat Reporterhttp://theheatmag.com
Known in entertainment circles as "LA Dre", the Editor of The Heat Magazine works tirelessly to bring you the latest & greatest in entertainment news. He spent years in the industry & now brings some of that insider knowledge to his readers.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Melissa Ellis on CONTROL!!!
Arlene Culpepper, Asst. Editor-in-Chief on STRAIT JIGG: ‘Ova Ya Dome’ Mixtape Debuts
GI GI on Interviews
bestever2682 on Lil Kim Boycotts BET Awards
J. 'StraitJigg' Wineburg on 16 Year Old Becomes Face of Louis Vuitton
J. 'StraitJigg' Wineburg on 16 Year Old Becomes Face of Louis Vuitton
Arlene Culpepper, Asst. Editor-in-Chief on Jack Spratt: A Genuine New Orleans Original
Arlene Culpepper, Asst. Editor-in-Chief on D.E.T.D.F.’s Annual Easter Egg Hunt
J. 'StraitJigg' Wineburg on Mike Tyson Covers Esquire Magazine (Photo)