Daily Archives: January 14, 2014

Google Acquires Nest for $3.2B, Now Knows More About You Than the NSA

Yesterday, home automation company Nest–makers of the infamous $250 learning thermostat and a suspiciously intelligent smoke detector–announced that they had been acquired by Google for $3.2 billion in cash. In a statement about the acquisition, Nest said that while they had been doing great on their own, Google’s “business resources, global scale, and platform reach” were basically just too tempting to turn down. The statement is also peppered with reassurances that this wholly unexpected announcement...
Read More »
Scroll To Top