Quote:
Originally Posted by rd_aaron
I don't believe the NEST products themselves will make back the $3.2 billion. I'm assuming Google bought NEST for the adaptive technology that they could maybe implement in other products, and to take a foothold in the smart home/home automation industry.
|
The number I saw yesterday was that google paid about $3,000 for each installed thermostat. Obviously that's just straight division and doesn't include things like staff or R&D, but yeah, they've got a bit of a hill to climb in recovering that ROI.