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18 Nov, 2014

Tips Wattcost for Google acquisition

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Scoble tips the Australian company, which produces a device that attaches to a home’s power meter and provides the homeowner with real-time consumption data to allow them to save money on their power bill, to be Google’s next acquisition. He says WattCost is the most interesting new startup he’s seen all year and says buying it would help Google’s lead in becoming the dominant home ‘Internet of Things’ platform. Scoble:

We don’t know who’s going to win, but Google’s in the early lead because they bought Revolv, they bought Dropcam and they bought Nest. And I think this is going to be another one that they’re going to buy, because knowing how much electricity is going through the house, knowing when the rates are changing, that’s really important.

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