How to get 3.2 billion USD for Thermostat firm?


Bhaskaruni's Blog

 

As you might already known Google acquisition of Nest – Thermostat firm is in news, the price of acquisition is 3.2 billions (so huge) .

Products

  • This is huge money for four year old start-up firm with three products (Thermostat, Smoke Detector, CO2 detector)
  • Nest makes a thermostat and a smoke-and-carbon-monoxide monitor that can be controlled via Wi-Fi from a smartphone, and that can re-program themselves based on people’s behavior pattern.  For initially few weeks, you need adjust the settings, after that device takes care of it.
google-acq-nest_400_266_80
Learning Thermostat, and also programmable
Nestor Inc's stock has surged as investors confuse it with Nest Labs
Intelligent Smoke detector
  • The Nest thermostat already had the ability to link over Wi-Fi to another Nest thermostat in the same house to pool their data on when people adjusted the temperature and when activity was detected by the devices’ short- and long-range motion sensors. The Nest Protect has its own motion and light sensors that can…

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