Google Acquires Smart Thermostat Company Nest

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Google has just announced that it will acquire Nest Labs, the company that has put smart thermostats in homes. Meaning that Google will now be monitoring your home for you.

google is big brother watching you


 

Said Google CEO Larry Page, in a press release today, “Nest’s founders, Tony Fadell and Matt Rogers, have built a tremendous team that we are excited to welcome into the Google family. 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!”

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Google Acquires Smart Thermostat Company Nest

Said Nest, in a statement also released this afternoon, “Google will help us fully realize our vision of the conscious home and allow us to change the world faster than we ever could if we continued to go it alone.”

Somehow, this is not a comforting statement.

Interestingly, Goole had their fingers in Nest before Nest was even Nest. Explains Nest founder Tony Fadell, of a pre-launch meeting with Google’s Sergey Brin, at the 2011 TED conference, “He instantly got what we were doing and so did the rest of the Google team when we showed them. In May 2011, Google Ventures led our Series B round of financing, and in 2012, Series C.”

It is also worth noting that Google is acquiring Nest for $3.2 billion cash.

It may be time for Apple to dust off their 1984 commercial.

  
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Google Acquires Smart Thermostat Company Nest

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