I've been looking for the perfect home for a while.But after a few years of waiting, I finally found it.I knew I wanted a two-bedroom, two-bathroom home, with an attached garage, that was located near the river.I also knew I needed a backyard.So I put down my deposit, and in December of 2015, I walked into the Realtor's office in the River Oaks section of San Francisco.He was so happy to see me.I ...
Google is exploring selling its Home business to Amazon for around $2 billion, sources told TechCrunch.
The acquisition would be a boon for Amazon’s efforts to expand its own Home line of products.
Amazon has said it would make the purchase, which would be made with financing from Google Ventures, as well as through a private placement.
The sale would allow Amazon to leverage Google’s growing expertise in voice and data services, with whom the search giant has had a long and fruitful relationship.
The deal could come in as soon as the first quarter of 2019.
Google Home has been a key part of Google’s strategy to expand the company’s products and services, including voice and video services, across a wide range of platforms, with voice now the most popular of those.
Amazon is now one of the largest providers of such services, as Home is the dominant product on Amazon’s marketplace.
The Google Home company has a strong presence in the home, which is why it is important for Amazon to retain control of the hardware business, analysts say.
Google will be able to add new services to its Home lineup that are more appealing to consumers.
Google is also considering making additional Home devices for use in its own products.
«There are no limits on what Google Home is capable of doing and we are exploring opportunities to expand Home functionality in the future,» a source familiar with the company told Tech Crunch.