Google (NASDAQ:GOOG) has recently acquired Nest Labs, a professional company that specializes in smart smoke detectors and thermostats, and this action can be extremely confusing for Google fans. In the end, why wouldn’t it be if you think about the fact that the software giant that initially launched itself as a search engine spends over $3 billion on a company that is totally unrelated to its field of activity? The answer is very simple: Google is so versatile that it plans to launch (or re-launch, better said) itself in the smart home industry as well, not to mention that it is already considered the world’s number one innovator at the moment.
Nevertheless, acquiring Nest Labs is certainly not Google’s first attempt to become popular in the smart home industry – the company has tried that a couple of times before and unfortunately it has failed every time. This is yet another attempt that shows Google’s genuine intentions of becoming a leader in the tech market industry as well.