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Thread: News - Google plans to buy Nest Labs for $3.2 billion

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    News - Google plans to buy Nest Labs for $3.2 billion

    Nest Labs to help Google expand its presence in smart connected homes.
    Read more.

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    Moosing about! CAT-THE-FIFTH's Avatar
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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    Its their Nest egg.

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    I do like what NEST are doing and I love google so this is win in my books... even if that means they are going to spy on me in my own home for advert use... If its you google you can do it.

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    Any way to get their products to the UK faster is a better thing in my books.

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    Quote Originally Posted by Dooms View Post
    I do like what NEST are doing and I love google so this is win in my books... even if that means they are going to spy on me in my own home for advert use... If its you google you can do it.
    *cough* fanboy *cough* get a room

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    Quote Originally Posted by Dooms View Post
    I do like what NEST are doing and I love google so this is win in my books... even if that means they are going to spy on me in my own home for advert use... If its you google you can do it.
    Yes, I can just see it now... Your home security Googlecams analyse their pictures of you and recommend an online pharmacy for that little rash you were trying to ignore. Meanwhile your Googlehot heating system detects that you've bumped up the temperature over the last couple of days and recommends a trip to Google's energy supplier switching site. Then finally your Google router spots you watching porn, so starts flipping up ads for adult "encounter" sites and adult supply shops.

    As you can tell - I'm not necessarily a fan.

    Career status: still enjoying my new career in DevOps, but it's keeping me busy...

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    Quote Originally Posted by miniyazz View Post
    *cough* fanboy *cough* get a room
    Is it a Google room?

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    Quote Originally Posted by CAT-THE-FIFTH View Post
    Its their Nest egg.
    Does that make Google a cuckoo?

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    Privacy concerns?

    For those Nest customers concerned about Google having so much data about their lives, Google has agreed that Nest’s privacy policy will remain unchanged. This means that Nest will only use information gathered from customers to improve its products and services and for nothing else.

    "That was a major concern or question we had, and they have done an amazing job of convincing us that our privacy policies are going to be well-respected in their organization," Fadell said. However it's entirely possible that Google will try and push for a change in privacy policy again in the future as it would be easier for integrating Google products into your Nest.
    And that's it, in a nutshell.

    Do I distrust Google over this?

    Do fish swim? Do bears .... relieve themselves in the woods?

    Google SmartThermostat in my home? Hell no. Not under any circumstances.

    I don't object to the basic idea, but with Google all over it? No way.

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    Google+ Integration on the way!

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    Quote Originally Posted by Defiant View Post
    Any way to get their products to the UK faster is a better thing in my books.
    this...
    my Virtualisation Blog http://jfvi.co.uk Virtualisation Podcast http://vsoup.net

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    Google noticed you turned up your heating today. Do you want to share on Google+?

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    I just find it difficult to believe the price Google paid. I don't claim to be an expert but it seems excessive.

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    Quote Originally Posted by george1979 View Post
    I just find it difficult to believe the price Google paid. I don't claim to be an expert but it seems excessive.
    By pure coincidence Nest was founded by the ex-Apple guy who designed the first 18 versions of iPod and part of the original design team for the iPhone. He was the head of Apple music at the iPod launch. Guess he works for Google now ?

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    Re: News - Google plans to buy Nest Labs for $3.2 billion

    Quote Originally Posted by george1979 View Post
    I just find it difficult to believe the price Google paid. I don't claim to be an expert but it seems excessive.
    I think it's around 5% of the total cash Google has sitting there, so not exactly huge when looked at that way.

    100 or so of the Nest team were ex Apple, plus they're getting a rather large user base with plenty of data.

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