Nest, a home automation company, is a subsidiary of Google’s parent company, Alphabet Inc. The Nest brand has become synonymous with smart home technology, and its products are popular among those looking to automate their homes. But many people ask the question “Is Nest owned by Amazon?”
The answer to this question is no. Nest was founded in 2010 and acquired by Google in 2014 for $3.2 billion. At the time of the acquisition, Nest already had a well-established presence in the smart home market and was continuing to expand its product range with innovative new products like its Learning Thermostat and Protect smoke detector.
Nest continued to operate under Google’s umbrella until recently when it was spun off into its own entity as part of Alphabet Inc., Google’s parent company. Since then, Nest has continued to grow and expand its product range with new offerings like the Hello Doorbell and Cam IQ Indoor security camera. Despite being part of Alphabet Inc., Nest operates as an independent entity and retains full control over its own decisions and products.
Nest does not have any formal partnership or affiliation with Amazon or any other company for that matter. While some of Nest’s products are compatible with Amazon Alexa devices, this is due to the open nature of their software platform rather than any official business relationship between the two companies. In addition, Nest recently announced that it will be launching its own voice assistant similar to Alexa called “Google Assistant” which could compete directly with Amazon’s offerings in the future.
So while Nest may not be owned by Amazon, it still remains one of the most popular brands in smart home technology thanks to its innovative products and commitment to providing customers with cutting-edge solutions for their homes. With more exciting new products on the way from both companies, it will be interesting to see how they both progress in this rapidly evolving market in the coming years.
Conclusion:
To conclude, it can be said that Nest is not currently owned by Amazon nor does it have any formal partnership or affiliation with them. While some of its products are compatible with Alexa devices due to an open software platform, there is no official business relationship between the two companies.