Google’s acquisition of Nest now approved by the FTC

Advertisement

The fact that Google recently sold Motorola to Lenovo has had lots of speculation over the future of the company’s hardware intentions. Add to that the fact that there are additional rumors of Google ending the Nexus program, and lot’s of us pure-Android fans have enough on our plate to worry. Still, Google’s intention to purchase Nest recently have given us new hopes of a smarter hardware department from the folks at Mountain View, and this just became legal.

As of today, the US Federal Trades Commission has approved Google’s purchase of Nest for a staggering $3.2 Billion. If you’re wondering why a smart thermostat is so important to Google, you’ll have to remember that Nest was founded by the father of the iPod, Tony Fadell. Add to that the fact that Google also wants to get into the smart-home business, and the muscle and brain behind Nest (mostly all ex-Apple employees) are a great addition to the company.

It’s hard to know when we’ll see the first products from this move, but you can rest assure that the combination of both companies will be a good match.

Source: FTC
Via: Droid Life

Advertisement

What's your reaction?
Love It
0%
Like It
0%
Want It
0%
Had It
0%
Hated It
0%
About The Author
Jaime Rivera
Jaime has been a fan of technology since he got his first computer when he was 12, and has followed the evolution of mobile technology from the PDA to everything we see today. As our Multimedia Manger, he’s been in-charge of growing our YouTube hobby into one of the biggest video channels in the industry. When he’s not building one of our videos, or filming our Pocketnow Daily, he can be found in his second biggest passion, which is running and fitness. Read more about Jaime Rivera!