Google’s acquisition of Nest now approved by the FTC
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.