Internet Retailer quotes Stuart Rose, Tully & Holland's Managing Director, regarding Google's purchase of Nest Labs, Inc.


January 14, 2014 - According to the press release, Google Inc.'s planned purchase of web-connected smoke alarm and thermostat seller Nest Labs, Inc. gives the search engine giant access to technology and patents, and, according to one observer, potentially another way to reach consumers at home.Nest is "already delivering amazing products you can buy right now-thermostats that save energy and smoke alarms that can help keep your family safe," says Google CEO Larry Page. 

According to Stuart Rose, "Nest has the capability of learning your environment and adapting systems based on your individual needs; similar to a search engine which divines your information needs based on your inputs.  Google which entered the telephony market with smartphone technology, now enters the house with smartphone technology."