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How Google killed Nest and why acquisitions fail

Rob Enderle | June 13, 2016
Google buying Nest is a good example of why most companies should avoid acquisitions. Columnist Rob Enderle writes that you can’t buy people, and a firm without the employees who made it a success is a failure in the making.

Nest now joins a long list of companies bought by a variety of large firms where this wasn’t done and it was a waste of money. Wasting money isn’t a valued executive trait and if you aren’t willing to do what it takes to assure an acquisition is an asset, maybe you shouldn’t do acquisitions until that is fixed.   Just saying.

 

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