Sunday, November 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ASTC Says 100 TB HDDs Coming in 2025
Alienware Alpha PC Gaming Console Now Shipping
Samsung Files ITC Complaint Against Nvidia
Europe To Ask Google Unlink Its Commercial And Search Services
Streaming TV Service Aereo Files for Bankruptcy
Square Launches Cash Register Service
Call of Duty: Advanced Warfare is the Biggest Entertainment Launch of 2014
Intel-Micron 3D NAND To Have 32 Layers, 256Gb Per Die
Active Discussions
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
 Home > News > General Computing > Google ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, January 13, 2014
Google Buys Nest For $3.2 Billion


Nest is being bought by Google for $3.2 billion, a move that could give Google a stepping stone into a new market at a time when consumer appliances and Internet services are merging.

"Google will help us fully realize our vision of the conscious home and allow us to change the world faster than we ever could if we continued to go it alone. We?ve had great momentum, but this is a rocket ship," reads a blog post from CEO and cofounder Tony Fadell.

Fadell also said Nest will remain its own distinct unit.

Google is increasingly expanding into new markets, with efforts ranging from a high-speed Internet access business to advanced research on self-driving cars and robotics. The latest acquisition could help Google gain access to "connected homes" type systems. Obviously, what Google wants to do is be the backbone for your home, how you consume energy, how you consume content like music through your entire house.

"Nest's founders, Tony Fadell and Matt Rogers, have built a tremendous team that we are excited to welcome into the Google family," said Google CEO Larry Page in a statement. "They're already delivering amazing products you can buy right now - thermostats that save energy and smoke/CO alarms that can help keep your family safe. We are excited to bring great experiences to more homes in more countries and fulfill their dreams!"

However, commenters on Twitter expressed concerns about the privacy implications of the deal for Google, which collects scads of personal data about its users' online habits.




Previous
Next
Sony Introduces The Xperia E1 And The Xperia T2 Ultra Smartphones        All News        New Display Sizes and Formats Coming in 2014
Time Warner Cable Reject Third Proposal from Charter Communications     General Computing News      Next Windows version Coming In 2015: report

Get RSS feed Easy Print E-Mail this Message

Related News
Europe To Ask Google Unlink Its Commercial And Search Services
Google Contributor Lets You Pay And And See No Ads In Your Favorite Sites
Google To Use Digital Billboard in Times Square
Google To Help Users Find Mobile-friendly Pages
Researchers Advance Image Recognition Technology
Google Increases Nobel Prize in Computing
Google Brings Fiber Plan to Businesses in Kansas City
European Antitrust Chief Says Google Probe Is Complicated
Google Adds Games to Chromecast
Google and LG Enter Cross-Licensing Agreement
Google Works On Nanoparticle That Could Cure Cancer
Google Releases Google Fit for Android

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .