Google CEO, Larry Page, announced yesterday that the company buying up U.S. manufacturer of thermostats Nest for $ 3.2 billion, equivalent to over 20 billion. Nest is located behind a smart thermostat that can control users’ homes via a mobile phone.
- The founders of Nest has created a fantastic team that we welcome to Google with great enthusiasm, says Larry Page in a statement.
Nests products in addition to a thermostat includes a fire alarm, both of which can learn users’ daily routines and adapt accordingly. For example, Nest lowering the temperature in a house when no one is home to save energy.
The information collected by Nest can give Google a significant insight into what people do in their homes. It is also an important step in Google’s commitment to consumer electronics products.
The deal is expected to close in the coming months.
IDG News
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