Google had plenty of good reasons to scoop up Nest last month, but the latest report from Juniper Research could be one of the best yet. According to the report, revenues generated from smart home devices are expected to reach $71 billion by 2018, up from $33 billion in 2013. Although much of that revenue will come from entertainment services, the entire connected market will continue to expand exponentially in the coming years, from Nest’s thermostats and smoke detectors to smart refrigerators and washing machines. More →
Call it evil all you want, but Google accomplishes great things every day that no other company on the planet can even dream of attempting. And in 2014, Google is showing absolutely no signs of slowing down. The Mountain View, California-based company is different from others in that it openly discusses many of the projects its research and development teams are working on, and sometimes it even includes the general public along the way, as is the case with Google Glass. There’s also plenty happening behind closed doors, of course, though leaks often give us a good idea of some unannounced Google projects.
Want to see each and every unreleased product and service Google is known and/or rumored to be working on in one massive list? More →
When Google first announced that it was buying Nest, most of the chatter revolved around how Google’s software would affect Nest’s smart thermostats. However, one overlooked aspect of the deal is how Nest will impact Google, particularly when it comes to hardware design. Unnamed sources tell TechCrunch that Google wants Nest CEO Tony Fadell and his team to take over as Google’s lead hardware designers, a move that could give Google’s products a stronger element of style. More →
The minute Google bought Nest, it was inevitable that some of the company’s fans would recoil, particularly those who are also fans of Apple. The Seattle Times has interviewed two former Nest fans who are disturbed by the Google acquisition, however their concerns seem much more about privacy than blatant fanboy-ism. More →
It’s no wonder some people are freaking out over Google’s $3.2 billion Nest Labs acquisition: it’s another step towards a future when Google has enough access to lives of high-income consumers to gain psychological insights that no company has ever possessed. Nest’s Learning Thermostat can track movements and activity of people in their homes, an ability no doubt improving by leaps and bounds. If you combine this with analysis of email and search patterns, as well as smartphone GPS mapping of movement outside the home, you get to an exceptionally sweet spot for building an intimate profile of not only current consumption patterns, but of likely future choices as well. More →
“Nest managed to attract such a large sum of cash because it did just one thing: made better products.”
Nest. Outside of the hardcore tech following, and maybe one level beyond that, no one on Earth had heard of this company prior to January 2014. It matters not. Google just agreed to pay $3.2 billion in order to bring Nest Labs over to Mountain View, and for those paying attention, the general consensus is significantly more positive than when Google decided to spend around four times that tally to buy Motorola Mobility. As in, a company that everyone on Earth has heard of. More →
Google announced Monday night it is acquiring smart thermostat and smoke detector-maker Nest for $3.2 billion in cash, surprising analysts and starting to really put Google at the forefront of the “Internet of Things.” It’s also scaring consumers at the same time. More →
Google on Monday announced that it has reached a deal to acquire Nest Labs, the smart thermostat maker founded by former Apple executive Tony Fadell. The all-cash deal will cost Google $3.2 billion. “Nest’s founders, Tony Fadell and Matt Rogers, have built a tremendous team that we are excited to welcome into the Google family,” Google CEO Larry Page said. “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!” Nest will continue to operate under Fadell’s leadership. Google’s press release follows below. More →
The entire home automation industry is about to be upended by startups. Companies that are starting out small have a clear and concise vision: one in which your home and the many things in it can all communicate and work seamlessly with each other.
I have been looking for the perfect way to automate a room, a whole floor, and an entire house for the past ten years and have consistently been disappointed. Disappointed with the integration, the cost, the flexibility, and the ease of use. More →
Nest Labs on Tuesday announced the next generation of its Learning Thermostat, a new device that is 20% slimmer than its predecessor and now compatible with 95% of low-voltage residential heating and cooling systems. The company also announced new software for the device that will be available to both new and existing customers. Software version 3.0 includes a variety of new features such as enhanced auto-away and auto-scheduling, broader mobile support and support for additional languages. The original Nest Learning Thermostat will have its price dropped to $229 until supplies run dry, while the second-generation Nest will be available online and from select retailers later this month for $249. Nest software version 3.0 will be available to existing customers by the end of Tuesday. The company’s press release follows below. More →