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Google's Next Step To Control Your Smart Home
Thursday, November 6, 2014 - 10:03am | 723Apple Inc. (NASDAQ: AAPL) has manufactured its own smartphones for the past seven years while Google Inc (NASDAQ: GOOG), its chief competitor, chose to let other suppliers build Android devices. These differing strategies have defined the two firms, one as a manufacturer and the other as more...
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Google Vs. Samsung: The Race For The Smart Home
Tuesday, September 16, 2014 - 9:29am | 1027Google Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) and Samsung (OTC: SSNLF) are vying for smart home supremacy, but will either firm dominate this burgeoning market? Google first entered the race when it paid $3.2 billion to acquire Nest Labs, the startup from former Apple Inc. engineer Tony Fadell....
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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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Is Google About To Up The 'Smart Home' Ante By Acquiring Dropcam?
Tuesday, May 27, 2014 - 1:06pm | 691With Apple (NASDAQ: AAPL) apparently set to unveil its ‘smart home’ software platform, Google’s (NASDAQ: GOOG)(NASDAQ: GOOGL) Nest division may be considering a move into home security of its own, according to The Information. Google sources told the website that the company was considering...
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Does Home Automation Really Save You Money?
Monday, April 28, 2014 - 1:03pm | 597Have you noticed that there’s a lot more talk about home automation? There’s no absence of tech startups that are jumping into the market, but if you’re wondering why you would need a WIFI enabled light bulb or an Internet-connected refrigerator, your question is certainly fair. Home automation...
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Mergers And Acquisitions In 2014 (Thus Far)
Wednesday, February 26, 2014 - 12:59pm | 123Google (NASDAQ: GOOG) is on a bit of an acquisition spree, but it is far from the only company that is buying up startups and stalwarts this year. As most Benzinga readers are aware, Comcast and Time Warner Cable recently announced a massive merger. Actavis and Forest Laboratories announced a...
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Did Google Ditch Motorola For Nest?
Monday, February 3, 2014 - 2:15pm | 239Google's (NASDAQ: GOOG) acquisition of Nest could have played a role in the tech giant's decision to sell Motorola to Lenovo for $2.91 billion. Goodbye, Motorola. Hello, Nest. Romain Dillet of TechCrunch wrote that Google's newly-acquired unit will be asked to utilize its knowledge and...
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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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Investors In Google Cheer News Of $3.2B Purchase Of Nest Labs
Monday, January 13, 2014 - 5:57pm | 291Google (NASDAQ: GOOG) shares have gained more than a half percent in Monday's post-market session following a company blog post which disclosed the purchase of Nest Labs for $3.2 billion in cash. From Google's blog: "Nest's mission is to reinvent unloved but important devices in the home such...
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Tony Fadell's Nest Has Made A Nest
Tuesday, April 23, 2013 - 10:13am | 426The creator of the world's first learning thermostat, Nest, appeared on CNBC's Squawk Box Tuesday morning to talk about the Google (NASDAQ: GOOG) Ventures-backed product. Tony Fadell, Nest founder and CEO, was the former senior vice president of Apple's (NASDAQ: AAPL) iPod/iPhone division. In...
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Apple Set to Unveil New Product Today as Store Goes Down?
Wednesday, May 30, 2012 - 9:18am | 248Apple's online store is down again, igniting the usual firestorm of media attention, speculation, and consumer hopes that a new product is on its way. Business Insider thinks that Apple (NASDAQ: AAPL) might simply be in the process of adding the Nest thermostat. In fact, that's exactly what 9 to 5...