Google’s strategy behind swallowing Nest Labs.

Photo credit - Forbes and Wikipedia.Photo credit - Valuewalk.comGoogle recently announced that it has entered into an agreement to acquire Nest Labs, the makers of  high tech thermostats and smoke detectors, for 3.2 Billion. The deal marks the second biggest purchase by Google. The biggest purchase was when Google acquired Motorola for 12.5 Billion USD. Google now has a strategy to enter the business of Web Connected house hold appliances. There are predictions that Google may now … [Read more...]