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Google Inc (GOOGL): The $3.2 Billion Investment Has Been Nested Well

Bloomberg reported that Google Inc (NASDAQ:GOOGL) has been taking good care of its Nest as Tony Fadell, founder and CEO of Nest Labs, declared that he’s very excited about the collaboration between the two companies. It’s a challenging job to be done trying to put 2,000 – 3,000 companies to work together on the home products and services the tech giant is developing. However, the hardest part seems to be bypassed as Google Inc (NASDAQ:GOOGL) offers substantial financial support to its newest branch.

Google Inc (GOOG)

“I’m not raising money anymore, I’m focused on the business, and I’m focused on building the team and building products, all together. So, that’s what’s been great. The other thing I’ve been focused on is finding all the gems inside of Google and bringing those in and collaborating with Nest to make it even better,” said Tony Fadell.

The $3.2 billion acquisition allows Google Inc (NASDAQ:GOOGL) to create its own ecosystem that could span a new generation of software commanded home appliances. There aren’t many products on the market yet, but it can sensed that there’s a steady marginal improvement that could gain momentum. Now, to dissipate any concerns that might relate to security of these inventions Google Inc (NASDAQ:GOOGL) assures that potential hacks or errors are being dealt with diligently.

“If we want the convenience, we’re going to need to have these things connected. But, for us, we have teams inside, and this is another great part of Google, we have great security teams trying to break the things that we have […] Still to this day, the best of our knowledge, we haven’t had any intrusions by anyone stealing data,” affirmed Tony Fadell.

There haven’t been given any details as to what we might expect in the nearest terms, so we’re just left wondering what surprises Google Inc (NASDAQ:GOOGL) has to offer.

Disclosure: none

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