Tag Archives: goog

Google To Acquire Thermostat Maker Nest For $3.2 Bil

Google (GOOG) on Monday said it’s agreed to acquire Nest Labs, a digital thermostat company, for $3.2 billion in cash. Palo Alto, Calif.-based Nest makes digital thermostats and smoke detectors. The company says its products, which also include smoke alarms, save energy by giving homeowners more options, such as “auto-away,” where the thermostat turns itself off when it senses that nobody is home. Nest will operate under current CEO Tony Fadell

Google, Apple Eye Targeted Ads, Services In Cars

The driver’s seat has been one place you can escape the Internet and commerce, aside from the occasional toll or fast-food drive-thru. But drivers will soon be surfing the Web via Google (GOOG), buying music via Apple (AAPL) and hearing targeted ads via Pandora Media (P). A spate of partnerships and products were rolled out by tech and car companies this week at the Consumer Electronics Show in Las Vegas that will keep drivers hugging the

Ambarella Clipped On View Of Premature Camera Field

Ambarella (AMBA) stock fell 8.9% Wednesday, as Needham & Co. downgraded the stock to hold from buy. Ambarella is a supplier of video compression chips used in a wide variety of digital and wearable cameras, including the popular GoPro. Last month, Ambarella announced a joint development with Google (GOOG) for wearable cameras to be used with Google’s Helpouts application and service, as IBD reported. From that announcement on Dec. 20 through