Even Google views its Nest acquisition as a disappointment

  • Thread starter Thread starter Yoni Heisler
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Yoni Heisler

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When Google in early 2014 generously opened up its wallet and forked over $3.2 billion in cash for Nest Labs, it ostensibly appeared to be a brilliant, albeit expensive, acquisition. At the time, Nest was riding high on the popularity of its Nest thermostat and the Nest Protect smoke alarm. With two hit products right out of the gate, the future of Nest looked remarkably bright.

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Via BRG - Boy Genius Report
 

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