(Newswire.net — January 14, 2014) Las Vegas, NV. — The Dudley Media Group trending topics website covers the latest news, and just published a news story today about the acquisition that has the world wondering what Google is up to. The news story explains, “Monday night, Google announced that the thermostat company, Nest, was now theirs. All Google had to pay was 3.2 billion in cash. Nest is not your typical thermostat and smoke detector manufacturer, having wall units that resemble something that would be found on the dashboard of a Ferrari. Sleek designs and flashy colors coupled with internet networking capabilities, Nest put their name on the board in the companies infancy. The geniuses behind these luxury products were no amateurs. Former Apple engineers Tony Fadell and Matt Rogers used their experience working for a corporate giant to ensure their success in a field not accustomed to luxury products.”
The Dudley Media Group story quotes a press release comment from Google CEO Larry Page, “Nest’s founders, Tony Fadell and Matt Rogers, have built a tremendous team that we are excited to welcome into the Google family.” Many people are wondering where this acquisition will take Nest, with Google at the helm now.
“Google has the business resources, global scale and platform reach to accelerate Nest growth across hardware, software and services for the home globally,” Fadell explained in a blog post. “And our company visions are well aligned – we both believe in letting technology do the hard work behind the scenes so people can get on with the things that matter in life.”
Word has it that Google was already working on its own high tech thermostats over the past year, and that spurred their interest in Nest. The Dudley Media Group story reports that, “Speculators believe that Google made this purchase to keep competitors from acquiring it first, most notably Apple, where Nest’s founders stepped away from in 2008.”
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