Saturday, August 27, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Patches iOS Security Flaws Discovered In Spyware Targeting Activist
LG To Showcase Latest OLED TVs Compatible With HDR Technologies At IFA
NHK Join Forces With Panasonic And Sony To Win The 8K TV Race
Intel Introduces New 3D NAND SSDs
Facebook To Use Personal Data From WhatsApp To Bring You Personalized Ads
Amazon Introduces Car Research Portal
Google Uses Artificial Intelligence To Compress Images
Researchers Make Wi-fi Networks Faster And Stronger
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Google Uses Artificial Intelligence To Compress Images
Google Duo App Joins Field of Video Calling
Russia Fines Google $6.75 Million
Alphabet Posts Strong Revenue on Video Market
Updated Google Maps Highlight Areas of Interest
Google Keeps The Lead Pack In Federal Lobbying Expenditures
South Korea Probes Google: report
European Antitrust Authorities Send Complaints To Google on Advertising, Search
Google Wants To Make Websites Viewable in VR
Google Says SSDs Not Perfectly Stable Yet For Data Centers
Qualcomm Snapdragon 600 and 800 Procesors To Support Google Tango Augmented Reality Technology
KDDI, Google Complete 60-Terabit Trans-Pacific Cable

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .