Alexei Oreskovic on Google’s purchase of Nest for $3.2-billion.
With the acquisition, Google gets Tony Fadell, a well-connected and well-respected Silicon Valley entrepreneur credited with creating Apple Inc’s iconic iPod music player, along with co-founder Matt Rogers and a host of talented engineers and designers.
Obviously, to do what Google itself cannot do. Build great hardware.
But while Google’s engineering expertise has generated major advances in technology, the company has at times struggled to create hardware products that resonate with consumers as much as Apple’s products do.
Nest is comprised of many former Apple employees (most of whom are very rich now).