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

Image
IANS San Francisco
Last Updated : Feb 08 2018 | 12:25 PM IST

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

"We are excited to bring the Nest and Google Hardware 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 Nest joined Google four years ago, the team has experienced incredible momentum. The company doubled its hardware 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 Artificial Intelligence (AI) and the Assistant at the core," Osterloh added.

Google has sold tens of millions of products for the home last year, as more people use the Google Assistant 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 Nest an integral part of Google's big bet on hardware," Osterloh added.

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

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

--IANS

sku/nks/ksk

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 08 2018 | 12:20 PM IST

Next Story