Google: The new GE: Google, everywhere | The Economist - 0 views
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Its latest purchase is Nest Labs, a maker of sophisticated thermostats and smoke detectors: on January 13th Google said it would pay $3.2 billion in cash for the firm. Google’s biggest move into hardware so far is its $12.5 billion bid for Motorola Mobility
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With Google’s collection of hardware businesses, the common factor is data: gathering and crunching them, to make physical devices more intelligent.
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Packed with sensors and software that can, say, detect that the house is empty and turn down the heating, Nest’s connected thermostats generate plenty of data, which the firm captures.
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