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SolarCity And Google's Nest Labs: What Are They Working On?
Wednesday, April 15, 2015 - 11:42am | 571Earlier this week, SolarCity Corp (NASDAQ: SCTY) published a blog post and news release announcing a partnership with Google Inc (NASDAQ: GOOG)'s Nest Labs to provide 10,000 California solar customers with Nest Learning Thermostats. According to a greentechmedia report, "the goal will...
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Why Google Shares Are Trading Up
Tuesday, June 24, 2014 - 2:55pm | 239The technology stalwarts have been on an acquisition spree. Google (NASDAQ: GOOG)(NASDAQ: GOOGL) has been benefiting from transaction news lately after Nest Labs recently purchased Dropcam for $555 million in cash. Google is now looking to purchase Baarzo to supplement YouTube, according to...
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Will ARM Benefit From Apple's HealthKit, HomeKit And Other Initiatives?
Friday, June 6, 2014 - 9:35am | 421Earlier this week, some analysts suggested that Apple's (NASDAQ: AAPL) recent announcements could be a signal to invest in semiconductor and software design company ARM (NASDAQ: ARMH). But will ARM really benefit from HomeKit, HealthKit and other Apple projects? "Absolutely," Gary Atkinson,...
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Honeywell Turns Up The Heat On Nest's Thermostat
Thursday, June 5, 2014 - 10:56am | 791Google (NASDAQ: GOOG)(NASDAQ: GOOGL) gained a lot of attention after it decided to acquire Nest Labs for $3.2 billion. Nest Labs is famous for creating a smart thermostat that looks like a cross between an iPod and a speedometer. The device was designed to learn (and eventually copy) the...
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8 Ways to Build A Company That Google Will Acquire
Monday, January 27, 2014 - 3:53pm | 95Everyone is looking for the big exit. Entrepreneurs, investors, company employees with stock options -- they all want the same thing. Google (NASDAQ: GOOG) has provided some very big exits for a number of startups, including YouTube, Waze and Nest Labs. The search engine giant could provide an...
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6 Of Google's Acquisitions Over $1 Billion - And How They Worked
Monday, January 20, 2014 - 11:06am | 121Google's (NASDAQ: GOOG) has acquired more than 100 companies since February 2001. The search engine giant has not revealed how much it has paid for most of these firms. Among those that were reported, Google typically paid between $10 million and $100 million. There is a handful, however, that...
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Wrong NEST Syndrome: Verify Before You Buy
Wednesday, January 15, 2014 - 3:27pm | 517It happened again. Careless investors, thinking they were buying shares of Nest Labs, the thermostat company Google (NASDAQ: GOOG) just spent $3.2 billion on, scooped up the penny stock of a bankrupt red-light traffic camera company called Nestor. As a result, Nestor shares jumped 1,900...
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Market Wrap For January 14: Markets Rebound On Earnings Season Kickoff
Tuesday, January 14, 2014 - 6:19pm | 2515Major indices reversed Monday's losses and posted strong gains following a better than expected retail sales report and a luke-warm start to earnings season. Related: Stocks Higher, But Dollar Indecisive After Retail Sales Release Philidalphia's Fed chief Charles Plosser said that he wants QE...
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Analysts React To Google's Acquisition Of Nest Labs
Tuesday, January 14, 2014 - 5:41pm | 706On Tuesday morning, Google (NASDAQ: GOOG) announced that it plans to buy Nest Labs for $3.2 billion. Nest Labs offers apps for iPhone and Android that allows users to adjust their thermostat and check their smoke detectors. Nest Labs was co-founded in 2010 by a small group of former Apple (NASDAQ...
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#PreMarket Primer: Tuesday, January 14: Markets Slide, Google Acquires Nest Labs
Tuesday, January 14, 2014 - 8:05am | 712The day was set to be relatively quiet as investors waited for key earnings reports to reach the market Tuesday morning, but by the end of the day, it was everything but. Comments by Atlanta Fed President Dennis Lockhart along with a Goldman Sachs note appeared to be the downside-catalyst...