Google Acquires Nest for $3.2 Billion, One Step Closer to Fully Conquering Your Home
Posted January 13, 2014 at 07:00 pm by Will Verduzco
Ever since Google first teased its Project Tungsten back at Google I/O 2011, we knew that Google wanted to make a splash in the home automation space. We then saw the release of the Android Accessory Development Kit, which was aimed at ushering in a wave of Android-connected appliances and accessories. But unfortunately, 2011 came to an end, and there was no Android-powered home automation to be found.
But then a couple of weeks ago, several leaked images appeared that indicated Google’s interest in taking over your home thermostat—a space that is currently dominated by niche device maker Nest. However, one main item differentiated their two approaches: While Nest’s business model focuses on selling you hardware, Google’s rumored EnergySense is more of an Android-powered software solution.
Now, let’s fast forward to earlier today. Google just announced that it has entered an agreement to buy Nest Labs for $3.2 billion USD. Neither company has made any specific mention of Google’s leaked EnergySense app and how that fits into the Nest family, but a Q&A on the Nest blog indicates that something may be in the works for release at a later date:
Will Nest and Google products work with each other?
Nest’s product line obviously caught the attention of Google and I’m betting that there’s a lot of cool stuff we could do together, but nothing to share today.
While previous Google attempts at home automation have failed, the Nest acquisition incorporates an already functional business model into Google’s arsenal. What are your thoughts on Google’s increasing home automation ambitions? Are you content with Google’s renewed interest in completely taking over your life? Let us know in the comments below!
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