Nest is being folded back into Google
https://qz.com/1201600/nest-is-leaving-alphabets-other-bets-and-being-folded-back-into-google-goog/
Nest is returning to the, erm, nest.
The internet-connected devices company bought by Google for $3 billion in 2014 will be folded back into Google, the company announced today (Feb. 7). Since Google reorganized into Alphabet in 2015, Nest has existed as a separate company within Alphabet’s “Other Bets”—a group of companies that essentially aren’t Google, but that Alphabet thinks could one day be as important as Google.
Nest is being folded back into Google
Feb 7, 2018, 9:38pm UTC
https://qz.com/1201600/nest-is-leaving-alphabets-other-bets-and-being-folded-back-into-google-goog/
>Nest is returning to the, erm, nest.
>The internet-connected devices company bought by Google for $3 billion in 2014 will be folded back into Google, the company announced today (Feb. 7). Since Google reorganized into Alphabet in 2015, Nest has existed as a separate company within Alphabet’s “Other Bets”—a group of companies that essentially aren’t Google, but that Alphabet thinks could one day be as important as Google.