Nest creates some amazing products. Innovative and darn pretty.
Today it was announced that Google bought them for $3.6B in cash. This is not only amazing because of being something so outside Google’s spectrum but also because it was an in cash payment.
This leaves me wondering what are Google’s plans for the future. Are they set up to rule the world?
For sure Nest deserves that valuation and they are really bringing the future to our everyday life at home.
I know 2014 has just started but I would bet that this is the most a company as been bought for in 2014, at least 100% in cash.