Nest was founded in 2010, and its flagship networked thermostat product drove growth to 130 employees by 2012.
Google’s making itself at home.
“……………………………For years and years, technology trade shows have crowed that they were closed to developing devices that would all connect to one another. In this connected “Internet of Things,” a homeowner could unlock their front door, check her tire pressure, and make sure the dishwasher is off, all while sitting in front of her desktop at work.
So far that has been a pipe dream, but the technology – hardware, operating systems and connectivity – could finally be coming together. Loads of companies including Microsoft, Sony, Intel and AT&T are working to make the connected home a reality, and while no company has quite figured it out yet, they have huge financial incentive to do so: Cisco predicts the “Internet of Things” economy will reach $14.4 trillion spread over the next decade……………”
Extracted from: http://www.nbcnews.com/technology/google-house-tech-giant-spends-billions-get-inside-your-home-2D11926690?ocid=msnhp&pos=1