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Print 57 comment(s) - last by Reclaimer77.. on Feb 3 at 5:22 PM

The Nest team will stay intact

Google bought Nest Labs earlier this month for a solid $3.2 billion in cash and according to a new report from TechCrunch, Google's new Nest team will be the search giant's core hardware group. That means Nest won't just be used for home automation and energy monitoring -- the team will be in charge of Google's latest hardware, which could include smartphones and tablets for Google's Android mobile operating system.
 
Google will keep the Nest team intact, including Nest CEO Tony Fadell. Fadell, who used to work for Apple on the iPod as well as the iPhone development teams, is considered a top dog when it comes to hardware -- but he's also comfortable with software. 
 
TechCrunch said Google was looking for the right product designers and engineers who could cross between both hardware and software, and saw that in Nest. 


[SOURCE: Digital Trends]

While Google will likely have its new hardware team work on home-automated devices as well, many reports say the Nest guys will take over all hardware projects spanning many kinds of devices. It's currently unclear what those devices will be.
 
It's interesting to see that Google sold off Motorola Mobility the same month that it acquired Nest. Many have concluded that Google originally acquired Motorola with the same intentions as when it acquired Nest; to have an innovative hardware team to power Android devices and beyond.
 
Google ended up selling Motorola to Lenovo for $2.91 billion earlier this week, reportedly taking a $7 billion net loss on the company. 
 
But Google got to hold onto Motorola's patents, which is likely what it acquired the company for anyway. Now, armed with patents and a whole new hardware team, we'll have to wait and see what Google does next. 
 
Google just posted its Q4 2013 financials, posting a significant rise in revenue from $14.42 billion USD in Q4 2012 to $16.86 billion USD in Q4 2013. Analysts expected $16.75 billion USD. But net income (GAAP) was at $4.10 billion USD ($12.01 USD/share), which is up roughly 15 percent year-over-year, but represents 1.5 percent less than the $4.16 billion USD ($12.20 USD/share) than Thomson Reuters predicted. 

Source: TechCrunch



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RE: Where is the value?
By NellyFromMA on 1/31/2014 2:10:24 PM , Rating: 2
Why not list them? How can he see the value if everyone that starts mentioning how great it is can't really cite a compelling example.

And, for some reason, I'd really prefer to let other people be the beta testers on home automation, because the absolute nightmares I have heard about really don't offset the "scenarios" you are referring to.


RE: Where is the value?
By Reclaimer77 on 1/31/2014 2:29:47 PM , Rating: 2
I don't really care if sees the value or not. He just seems incredibly short-sighted and ignorant in his OP.

If he can't see the obvious benefits of a smart thermostat over a programmable one, there's probably nothing people can say that's going to help him. It's like arguing electronic fuel injection versus the carburetor.

quote:
And, for some reason, I'd really prefer to let other people be the beta testers on home automation, because the absolute nightmares I have heard about really don't offset the "scenarios" you are referring to.


That's because existing home automation products are terrible and insanely overpriced.

I'm hoping Google changes all that.


RE: Where is the value?
By JediJeb on 1/31/2014 5:18:42 PM , Rating: 2
quote:
It's like arguing electronic fuel injection versus the carburetor.


Yea, a carburetor can be adjusted or completely overhauled with a wrench and screwdriver while electronic fuel injection takes a bunch of money just to diagnose the problem :)

Car won't start:

Old timer; Open hood, take out screwdriver, whack the carburetor a few time, start engine.

Nerdy Kid; Open hood, stare at wires, scratch head, call Autoclub for tow.

Honestly though there are benefits to both new and old tech, just depends on the end use which is better for that person's application.


RE: Where is the value?
By Reclaimer77 on 2/1/2014 9:36:27 AM , Rating: 2
Yes good point. The carburetor is simpler, it's also very inefficient. Which is why I used the analogy in this smart thermostat discussion.

Frankly I'm surprised this discussion even came up on a 'tech site. It's like arguing the value between a smartphone and a feature phone. Sure there are people out there who don't see the value in a smartphone, but that doesn't make them right.

quote:
Honestly though there are benefits to both new and old tech


Well in this case I can't see any advantage a regular thermostat has over something like the Nest. Maybe reliability, but actually thermostats have horrible QC in general. Soooo, I don't know.

Initial cost I guess. But with a smart thermostat, you'll make up the difference pretty quick.


"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA














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