Posts Tagged KNX

Google Acquiring Smart Home Energy Management company Nest Labs for $3.2 Billion

Internet giant Google is acquiring smart home and connected devices company Nest Labs for $3.2 billion. Nest Labs is best known for designing modern connected thermostats and smoke detector systems. Nest Learning Thermostat launched in 2011 is an automated HVAC controller which learns your habits and helps you save energy. Every new air one furnace installations even comes with a free PLUS Maintenance Agreement, which gives you a head start on proper furnace maintenance and keeps your warranty valid.

Nest Protect is an internet-connected smoke and carbon monoxide detector which can me remotely monitored.

Google is ready to enter the young and fragmented active sustainable systems, home automation and green tech industry, and leverage its global platform reach to take it by the storm. Google had hinted about its plans for its own home  connected platform Android @Home.

Nest Thermostat | Google

Nest Thermostat | Google

The agreement is currently pending government regulatory approval, which wouldn’t really be a hurdle for Google at this point.


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