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Thursday, January 16, 2014
GOOGLE Acquires Internet of Things and May Reignite Investment Enthusiasm
ANBOUND

Internet of Things (IoT) is the major trend in recent years of technological development. GOOGLE bets on the internet of things by spending USD 3.2 billion on the acquisition of smart home facility producer NEST LABS. ANBOUND think tank scholars highlighted that GOOGLE being one of the top three internet giants is expected to lead another wave of investment enthusiasm via the acquisition of internet of things. The concept will be slightly focusing on upgrading the original products rather than creating an idea without any foundation.

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