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The only possible way this acquisition make sense is that Nest has some truly amazing product in the pipeline. It is impossible to justify 3.2 Billion for a te
by jcampbell1 13y ago
The only possible way this acquisition make sense is that Nest has some truly amazing product in the pipeline. It is impossible to justify 3.2 Billion for a team or thermostats. My guess is they wanted to get acquired because some future product make sense to have Google's brand and go to market ability.
- venomsnake 13y agoA friend is currently working for an intrusive home management solution that certain telecoms are to unleash on the unsuspecting Germans. All internet of things stuff, all remote. It will be sold with internet subscription. The root capabilities will be in telco and not the home owner. I am willing to bet a lot that Nest have either something similar or that google wants to spearhead this market and are scrambling with whatever the cost the know how.