Thursday, April 24, 2014
FAIRFIELD-SUISUN, CALIFORNIA
99 CENTS

Google says it will buy Nest Labs for $3.2B

Google Nest Labs

FILE - In this Tuesday, Oct. 1, 2013, file photo, the Nest smoke and carbon monoxide alarm is shown at the company's offices, in Palo Alto, Calif. Google said Monday, Jan. 13, 2014, it will pay $3.2 billion to buy Nest Labs, which develops high-tech versions of devices like thermostats and smoke detectors. (AP Photo/Marcio Jose Sanchez)

By
January 14, 2014 | Leave Comment

NEW YORK — Google will pay $3.2 billion to buy Nest Labs, which develops high-tech versions of devices like thermostats and smoke detectors, in its most expensive acquisition ever.

The search engine operator was an early investor in Nest Labs. It says the company’s Nest Learning Thermostat has been a “consistent best-seller.”

The thermostat, which retails for $249, is designed to learn how inhabitants like their homes to be heated and cooled. Once it learns the consumers’ preferences, it automatically adjusts the temperature on its own.

The Nest Protect alarm is intended to be less annoying than traditional alarms: when it detects rising smoke or carbon monoxide levels, it lights up yellow and speaks with human voice, giving consumers an option to turn the device off if there is no emergency. They can stop the alert by waving an arm. The Nest Protect costs $129 while an older smoke and carbon monoxide detector could cost $50 to $80.

Analyst Shyam Patil of Wedbush Securities said Google is positioning itself to offer products that work on the “Internet of Things” – specifically a “connected home” full of intelligent wireless devices that collect data and could be controlled with a smartphone. Last year Google introduced Chromecast, a device that lets users connect their TVs and mobile devices.

“It’s a big market opportunity and it provides Google with good technology to attack it over time,” Patil said in a telephone interview. He has a “Neutral” rating on Google shares.

The “Internet of Things” is a global network that not only links computers, tablets and phones but connects everything from bikes to washing machines to thermostats.

The deal is Google’s biggest since it closed on the $12.5 billion purchase of Motorola in May 2012.

Nest Labs is based in Palo Alto, Calif. It was founded in 2010 by Tony Fadell, a gadget guru who helped design the iPod and original iPhone while working at Apple.

Google Inc. is based in Mountain View, Calif. Its shares fell $7.20 to $1,122.98 on Monday and rose $6.02 to $1,129 in aftermarket trading.

The Associated Press

The Associated Press

LEAVE A COMMENT

Discussion | No comments

The Daily Republic does not necessarily condone the comments here, nor does it review every post. Read our full policy

.

Solano News

Travis lines up 2 days of aviation excellence

By Ian Thompson | From Page: A1 | Gallery

 
Congressman talks Travis, water

By Barry Eberling | From Page: A1 | Gallery

 
Appreciate how good we have it now

By Angela Borchert | From Page: A2

 
Review set for $2M pizza case in Fairfield

By Ryan McCarthy | From Page: A3

Cherokee Nation to offer photo IDs at Rush Ranch

By Adrienne Harris | From Page: A3

 
Dixon May Fair has deals on advance tickets

By Amy Maginnis-Honey | From Page: A3

Accused machete attacker testifies in trial

By Jess Sullivan | From Page: A3

 
Garamendi talks love, pro football and Peace Corps

By Ryan McCarthy | From Page: A3, 1 Comment | Gallery

All Things Art Festival organizers seek artists, vendors

By Amy Maginnis-Honey | From Page: A3

 
Author to sign books at Vacaville Museum

By Amy Maginnis-Honey | From Page: A3

Kroc Center women schedule inaugural Taster Tea

By Amy Maginnis-Honey | From Page: A3

 
Theme park welcomes seal pup

By Adrienne Harris | From Page: A4

Mother’s Day fair returns to Suisun waterfront

By Ian Thompson | From Page: A4

 
Docents to lead paddling tour in marsh

By Adrienne Harris | From Page: A4

Juneteenth committee extends vendors, exhibitors deadline

By Amy Maginnis-Honey | From Page: A4

 
Congressional Art Competition is back

By Susan Hiland | From Page: A4

 
Spilled tomato juice case set for trial

By Ryan McCarthy | From Page: A4

 
Report: Shots fired from car on Clay Bank Road

By Adrienne Harris | From Page: A5

Fairfield police log: April 22, 2014

By Susan Hiland | From Page: A12

 
Suisun City police log: April 22, 2014

By Susan Hiland | From Page: A12

Suisun City police log: April 21, 2014

By Susan Hiland | From Page: A12

 
Fairfield police log: April 21, 2014

By Susan Hiland | From Page: A12

Weather for Thursday, April 24, 2014

By Daily Republic staff | From Page: B12

 
.

US / World

Syrian activists accuse Assad of new gas attacks

By The Associated Press | From Page: A1

 
Airport official: Teen had no clue he was in Maui

By The Associated Press | From Page: A5

Murder charge for Vallejo man in head-on crash

By The Associated Press | From Page: A5

 
California bill reignites affirmative action fight

By The Associated Press | From Page: A5

Andy Lopez protest leads to school campus lockdown

By The Associated Press | From Page: A5

 
Navy Cross bestowed on heroic Marine

By The Associated Press | From Page: A5

Bashtag: NYPD Twitter campaign backfires

By The Associated Press | From Page: A6

 
Soldier convicted in WikiLeaks case gets new name

By The Associated Press | From Page: A6

US weighs clemency for inmates jailed for 10 years

By The Associated Press | From Page: A6

 
Gun carry rights expanded in Ga. under new law

By The Associated Press | From Page: A6

First lady announces one-stop job site for vets

By The Associated Press | From Page: A6

 
Rail safety effort marred by squabbling

By The Associated Press | From Page: A6

Small Wyoming town evacuated after gas explosion

By The Associated Press | From Page: A6

 
Camilla’s brother dies in US after head injury

By The Associated Press | From Page: A10

Lawyer: US man held in Cuba seeks to go home soon

By The Associated Press | From Page: A10

 
Captain who left doomed ferry had 40 years at sea

By The Associated Press | From Page: A10

Russian social media CEO quits, flees country

By The Associated Press | From Page: A10

 
Amid Russia warning, Ukraine is in a security bind

By The Associated Press | From Page: A10

Palestinian rivals to try again for unity deal

By The Associated Press | From Page: A10

 
State senators get ethics training after scandals

By The Associated Press | From Page: A12

.

Opinion

Some Earth Day boos and cheers

By Jay Ambrose | From Page: A11

 
Question of the week: Will Flight 370 be found?

By Daily Republic | From Page: A11

Be the first and give specifics

By Letter to the Editor | From Page: A11

 
What we can do about crime

By Kelvin Wade | From Page: A11

Castro at odds with mentor on deportations

By Ruben Navarrette | From Page: A11

 
.

Living

Today in History for April 24, 2014

By The Associated Press | From Page: A2

 
Community Calendar: April 24, 2014

By Susan Hiland | From Page: A2

When Joe’s mad at me, he also ignores my 7-year-old son

By Kathy Mitchell and Marcy Sugar | From Page: A9

 
Horoscopes for April 24, 2014

By Holiday Mathis | From Page: A9

.

Entertainment

TVGrid

By Daily Republic Syndicated Content | From Page: B5

 
Amazon snares classic shows in deal with HBO

By The Associated Press | From Page: A7

Jodie Foster weds artist Alexandra Hedison

By The Associated Press | From Page: A7

 
Singer Chris Brown’s DC trial delayed for months

By The Associated Press | From Page: A7

Performing dogs go big after $1 million TV prize

By The Associated Press | From Page: A7

 
.

Sports

Girls soccer update: Armijo, Vanden on way to playoffs

By Paul Farmer | From Page: B1 | Gallery

 
Mustangs swim to sweep of Indians

By Marcus Lomtong | From Page: B1 | Gallery

Warriors, Clippers to meet in Oakland for Game 3

By The Associated Press | From Page: B1

 
Sharks confident with chance to sweep LA Kings

By The Associated Press | From Page: B1

Perez helps Rangers sweep A’s with 3-0 win

By The Associated Press | From Page: B2 | Gallery

 
Party a century in the making for Wrigley Field

By The Associated Press | From Page: B2

A’s reject 10-year Coliseum lease offer

By The Associated Press | From Page: B2

 
Prep softball: Vanden rolls to 14-0 win over Fairfield

By Daily Republic staff | From Page: B2

 
Prep badminton: Unbeaten Mustangs cruise past Crushers

By Daily Republic staff | From Page: B2

Prep boys golf: Vikings suffer SCAC loss to Panthers

By Daily Republic staff | From Page: B2

 
Sanchez’s slam in 11th helps Giants beat Rox 12-10

By The Associated Press | From Page: B2 | Gallery

Prep track: Armijo girls get win in MEL 4-way meet

By Daily Republic staff | From Page: B2

 
Emmert supports more efficient, effective NCAA

By The Associated Press | From Page: B3

Phelps having fun in his return to swimming

By The Associated Press | From Page: B3 | Gallery

 
Suns’ Dragic honored as NBA’s Most Improved Player

By The Associated Press | From Page: B3

Seahawks to open NFL season vs. Packers

By The Associated Press | From Page: B3

 
Oldest living ex-MLB player dies in Cuba at 102

By The Associated Press | From Page: B12

 
.

Business

Wellness programs grow more popular with employers

By The Associated Press | From Page: B5

 
Apple increases stock buyback, will split stock

By The Associated Press | From Page: B6

Sales of new US homes plunge 14.5 percent in March

By The Associated Press | From Page: B6

 
Buffett disapproves of Coca-Cola’s pay plan

By The Associated Press | From Page: B6

Amazon snares classic shows in deal with HBO

By The Associated Press | From Page: B6

 
US stocks edge lower after a six-day rise

By The Associated Press | From Page: B6

Facebook 1Q results soar; CFO to step down

By The Associated Press | From Page: B6

 
.

Obituaries

Phyllis J. Miller

By Nancy Green | From Page: A4

 
Jean Sophia Ruckdeshel

By Nancy Green | From Page: A4

Robert James Carty Sr.

By Nancy Green | From Page: A4

 
Dondi Martin

By Nancy Green | From Page: A4

.

Comics

Rose is Rose

By Daily Republic Syndicated Content | From Page: A8

 
Garfield

By Daily Republic Syndicated Content | From Page: A8

Pickles

By Daily Republic Syndicated Content | From Page: A8

 
For Better or Worse

By Daily Republic Syndicated Content | From Page: A8

Peanuts

By Daily Republic Syndicated Content | From Page: A8

 
Wizard Of Id

By Daily Republic Syndicated Content | From Page: A8

Dilbert

By Daily Republic Syndicated Content | From Page: A8

 
Baldo

By Daily Republic Syndicated Content | From Page: A8

Blondie

By Daily Republic Syndicated Content | From Page: A8

 
Baby Blues

By Daily Republic Syndicated Content | From Page: A8

Beetle Bailey

By Daily Republic Syndicated Content | From Page: A8

 
Sally Forth

By Daily Republic Syndicated Content | From Page: A8

B.C.

By Daily Republic Syndicated Content | From Page: A8

 
Frank and Ernest

By Daily Republic Syndicated Content | From Page: A8

Get Fuzzy

By Daily Republic Syndicated Content | From Page: A8

 
Zits

By Daily Republic Syndicated Content | From Page: A8

Cryptoquote

By Daily Republic Syndicated Content | From Page: A9

 
Crossword

By Daily Republic Syndicated Content | From Page: A9

Word Sleuth

By Daily Republic Syndicated Content | From Page: A9

 
Bridge

By Daily Republic Syndicated Content | From Page: A9

Sudoku

By Daily Republic Syndicated Content | From Page: A9