Browsing: Nest Labs

Opinion
Why smart homes are the next big thing

On Friday, Nest Labs – which was acquired by Google in January for US$3,2bn – said it was buying Dropcam, a San Francisco-based company specialising in home-monitoring cameras for US$555m. Things are hotting up in the smart home market and consumers may soon be exposed to hundreds of new hardware devices and

Nafisa Akabor
For Google, it’s all about the data

Google recently grabbed headlines with its US$3,2bn acquisition of home automation company Nest Labs. The deal is the second biggest in Google’s history, after the $12,5bn it splashed out for Motorola Mobility in August 2011. But why did it buy it? Nest Labs designs and manufactures Wi-Fi-enabled