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I wonder when Google will do a writedown on this deal? $3.2B seems like a lot to pay for a thermostat company.
by paul 10y ago
I wonder when Google will do a writedown on this deal? $3.2B seems like a lot to pay for a thermostat company.
- jamra 10y agoEspecially considering that their product is not at the forefront of smart thermostats. The learning capability is harmful if you have kids or live in colder climates. Nest works poorly with home automation solutions as well. Dropcam was a good product that didn't change since they were bought out. I am looking into other thermostats and I can't wait to switch. It seems to me that Google caught a ride on the Nest hype train.
- hkmurakami 10y agoOut of academic curiosity, which product(s) is considered to be at the forefront of smart thermostats?
- joezydeco 10y agoNot really an issue of bleeding-edge technology, but probably whomever owns the most relevant patents. Honeywell? Siemens?
- karmicthreat 10y agoProbably depends on what you need the thermostat for. A home has a very different set of requirements than say the Burj Khalifa. And a warehouse or apartment complex might have their own very specialized requirements. That said Honeywell has products that cover most of those bases at least acceptably. If you just want something for your house though EcoBee seems to be the device to get.
- ufo 10y agoHow is the learning capability harmful?
- MichaelGG 10y agoAt the risk of sounding completely ignorant, how hard is it to make a thermostat? I opened one up and it seemed to be a bit of mercury that completed a circuit. Is slapping a UI and a "learning" system on that big of a deal? I can see how it's a useful product and might seem really cool, but it seems sort of simple to make. Sure, making physical products isn't as easy as software and all, but still, what am I missing?
- overgard 10y agoYou're not missing anything other than the ability to sell people on it.