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Tag Archives: Google
Google announced the acquisition of Titan Aerospace, a company based in New Mexico that produces drones. There are no information about the price paid by Google but a few weeks ago there were rumors that Facebook had offered $60 million for the company. It’s possible that Google has offered more but Facebook ended up buying another company in that sector, Ascenta, for $20 million so it’s difficult to say how much it actually cost to buy Titan Aerospace.
Google announced the Android Wear platform, a version of the Android operating system optimized for wearable devices. The first applications are watches, which of course will not only serve to provide the time but will be tiny portable computers. The first models to be put on the market in a few months are the Moto 360 by Motorola and the G Watch by LG.
Google has announced the sale of Motorola Mobility to Lenovo for a total of $2.9 billion. $1.41 billion will be paid at the end of the agreement, $660 million in cash and $750 million in Lenovo shares. The remaining $1.5 billion will be paid over the next three years. Google bought Motorola Mobility in August 2011 for $12.5 billion.
Google has confirmed the acquisition of DeepMind, a British company that deals with artificial intelligence and is headquartered in London. The price that Google will spend for the last of a series of acquisitions in the last year hasn’t been confirmed but according to various sources is between $400 and $500 million.
Google has announced that it has acquired Nest Labs, a company that operates in the field of home automation, offering products such as thermostats and smoke detectors controllable via the Internet, for $3.2 billion in cash. According to the press release, the company will continue to operate under the direction of its co-founder Tony Fadell, who a few years ago was one of the creators of the iPod when he worked for Apple.
Google has announced the creation of the Open Automotive Alliance (OAA), a coalition that aims to bring you the Android platform in cars. This alliance includes the car manufacturers Audi, GM, Honda and Hyundai but also the processors manufacturer NVIDIA. The OAA intends to bring together the know-how of the various companies that form it to create a common platform to drive innovation to make technology in the car more secure and intuitive for everyone.