Google Buys Nest for Billions
on 18 January 2014
"Father of the iPod" Matt Rogers and his Nest co-founder Tony Fadell have taken their world-changing vision and hundreds of patents to Google. This week the tech giant announced they've acquired the connected-device company, Nest for an astounding $3.2 billion—cash. The heavy price tag not only places a high value on Rogers and Fadell's work; it also indicates Google's serious interest in advancing conscious products which allow people to teach household objects how to best adjust one's personal heating, A/C, energy needs and more.