Back in January, Google announced that they would purchase Nest in a deal worth $3.2 billion. The Nest team will apparently become the main hardware group at Google after the purchase.
Now, the purchase of Nest has been approved by the Federal Trade Commission in the US, who have given Google the go-ahead to purchase Nest.
Nest makes a smart thermostat and a smart smoke detector and was founded by two ex-Apple employees, Tony Fadell and Matt Rogers, who worked on a number of projects at Apple, including the iPod and iPhone.
The Strategic Importance of Nest for Google
After the recent announcement that Google is selling off their Motorola hardware division to Lenovo, Nest is expected to become the main hardware team at Google. This strategic move highlights Google’s focus on smart home technology, an area that is rapidly growing and becoming increasingly important in the tech industry. By integrating Nest’s innovative products and expertise, Google aims to strengthen its position in the smart home market.
Nest’s smart thermostat and smoke detector are just the beginning. These devices have already set a high standard for smart home products with their sleek design, user-friendly interface, and advanced technology. The smart thermostat, for example, learns the user’s schedule and preferences over time, optimizing energy usage and providing significant cost savings. The smart smoke detector, on the other hand, offers features like voice alerts, self-testing, and the ability to send alerts to the user’s phone.
Future Prospects and Potential Innovations
As yet, we do not know what new devices Nest will be working on now that they are part of Google. However, it is expected that they will continue to produce their smart thermostat and smoke detector while also exploring new avenues for innovation. Given Google’s resources and technological prowess, the possibilities are endless.
One potential area of development could be the integration of Nest products with Google’s other services, such as Google Assistant. Imagine a home where all devices are interconnected and can be controlled seamlessly through voice commands or a single app. This level of integration could provide users with an unprecedented level of convenience and control over their home environment.
Another exciting prospect is the potential for Nest to expand its product line to include other smart home devices, such as security cameras, smart locks, and home automation systems. With the backing of Google, Nest has the potential to become a one-stop-shop for all smart home needs, offering a comprehensive ecosystem of interconnected devices.
Moreover, the acquisition of Nest aligns with Google’s broader vision of creating a more connected and intelligent world. By leveraging Nest’s expertise in hardware and Google’s strengths in software and artificial intelligence, the two companies can work together to develop innovative solutions that enhance the quality of life for users.
The acquisition of Nest by Google marks a significant milestone in the tech industry. With the Federal Trade Commission’s approval, Google is now poised to take full advantage of Nest’s innovative products and talented team. As Nest becomes the main hardware group at Google, we can expect to see exciting new developments and advancements in the smart home market. The future looks bright for both companies as they work together to create a more connected and intelligent world.
Source TechCrunch
Latest Geeky Gadgets Deals
Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
