{"id":2224,"date":"2014-01-14T09:19:37","date_gmt":"2014-01-13T23:19:37","guid":{"rendered":"https:\/\/reckoner.com.au\/?p=2224"},"modified":"2014-01-14T09:40:46","modified_gmt":"2014-01-13T23:40:46","slug":"google-to-acquire-nest-labs-for-3-2b-in-cash","status":"publish","type":"post","link":"https:\/\/reckoner.com.au\/news\/google-to-acquire-nest-labs-for-3-2b-in-cash\/","title":{"rendered":"Google to Acquire Nest Labs For $3.2B in Cash"},"content":{"rendered":"

Google Investor Relations Blog:<\/p>\n

\n Google Inc. announced today that it has entered into an agreement to buy Nest Labs, Inc. for $3.2 billion in cash.<\/p>\n

Nest\u2019s mission is to reinvent unloved but important devices in the home such as thermostats and smoke alarms. Since its launch in 2011, the Nest Learning Thermostat has been a consistent best seller–and the recently launched Protect (Smoke + CO Alarm) has had rave reviews.\n<\/p><\/blockquote>\n

On the one hand, this is cool because now there’s a good chance we’ll see Nest products expand and hit markets other than the US — like us!<\/p>\n

On the other hand, this means that Google has yet another potential vector into gathering more data about your life and habits.<\/p>\n

If you’re curious, take a read of this interview with Tony Fadell<\/a> where he discusses the acquisition.<\/p>\n

Bottom line: Nest’s privacy policy is staying the same for now. However –and as a smart CEO should–he’s not ruling out changes to Nest’s privacy policy in the future.<\/p>\n","protected":false},"excerpt":{"rendered":"Google Investor Relations Blog: Google Inc. announced today that it has entered into an agreement to buy Nest…\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"link","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[10],"tags":[407,615,183,294],"jetpack_publicize_connections":[],"reckoner_social_message":null,"_links":{"self":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts\/2224"}],"collection":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/comments?post=2224"}],"version-history":[{"count":0,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts\/2224\/revisions"}],"wp:attachment":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/media?parent=2224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/categories?post=2224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/tags?post=2224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}