{"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