3 ms·
The picture you paint is confused at best. It's clear that the company had some assets that made it worthwhile to "swoop in" instead of allowing the company to
by andrewprock 11y ago
The picture you paint is confused at best. It's clear that the company had some assets that made it worthwhile to "swoop in" instead of allowing the company to shutter and to buy the assets in a fire sale during bankruptcy.
But it appears that those assets were not it's products, and not it's customers. So, now that they own the company, and the relationships with the customers, they decide to not honor their product with those customers.
I suppose that's fine. But you should not be surprised if people read that as a signal that Nest will do the same thing with any of their other products.