You are here: Home » News-IANS » Business-Economy
Business Standard

Nest to 'join forces' with Google's hardware team

IANS  |  San Francisco 

has announced that Nest, the US-based manufacturers of equipment that it bought in 2014 for $3.2 billion, was now being merged into the tech giant's team.

"We are excited to bring the and teams together. The goal is to supercharge Nest's mission: to create a more thoughtful home, one that takes care of the people inside it and the world around it," Rick Osterloh, Senior Vice President, Hardware, wrote in a blog late Wednesday.

Since joined four years ago, the team has experienced incredible momentum. The company doubled its portfolio last year by selling more devices in 2017 than the previous two years combined.

"By working together, we'll continue to combine hardware, software and services to create a home that is safer, friendlier to the environment, smarter and even helps you save money-built with Google's (AI) and the at the core," Osterloh added.

Google has sold tens of millions of products for the home last year, as more people use the Google to listen to their favourite music, control their connected devices and get useful information about their day, the company said.

"We have had a head start on collaborating since our teams already work closely together, and today we're excited to make an integral part of Google's big bet on hardware," Osterloh added.

According to TechCrunch, Google also said that Nest would report to Osterloh and the company is not planning to lay off employees as part of the merge.

Last week, the finalised a deal to spend $1.1 billion acquiring a large part of HTC's hardware operation.

--IANS

sku/nks/ksk

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 08 2018. 12:20 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU