Google Buys Nest for Billions
A Twitter-shaped short story, Google’s new Nest, Four Tet’s “Thriller” and more in our weekly look at the web
“Father of the iPod” Matt Rogers and his Nest co-founder Tony Fadell have taken their world-changing vision and hundreds of patents to Google. This week the tech giant announced they’ve acquired the connected-device company, Nest for an astounding $3.2 billion—cash. The heavy price tag not only places a high value on Rogers and Fadell’s work; it also indicates Google’s serious interest in advancing conscious products which allow people to teach household objects how to best adjust one’s personal heating, A/C, energy needs and more.
Via techcrunch.com link opens in a new window
