Cryptocurrency Q&A
When did Google buy Nest?
When did Google buy Nest?
Tommaso
Fri Nov 01 2024
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5 answers
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Google bought Nest in January 2014, completing the acquisition of the smart home company for $3.2 billion.
5 answers
QuasarGlider
Sun Nov 03 2024
On January 13, 2014, a significant announcement was made by Google. The tech giant revealed its intentions to acquire Nest Labs, a move that marked a foray into a new market segment.
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CryptoNinja
Sun Nov 03 2024
The acquisition deal was valued at $3.2 billion, entirely paid in cash. This underscored Google's commitment to expanding its portfolio and diversifying its offerings.
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LightningStrike
Sun Nov 03 2024
Just a day after the announcement, on January 14, 2014, Google completed the acquisition process. This swift action demonstrated the company's eagerness to integrate Nest Labs into its operations.
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Lucia
Sat Nov 02 2024
Nest Labs, post-acquisition, would continue to operate independently. This was a strategic decision aimed at preserving the unique identity and culture of Nest Labs.
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Lorenzo
Sat Nov 02 2024
Despite operating independently, Nest Labs would benefit from Google's vast resources and expertise. This collaboration was expected to accelerate Nest Labs' growth and innovation.
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