September | 2014 | Honestly Speaking

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During a trip to CEDIA 2014 (the largest industry trade-show for Home Entertainment, Automation & Audio/Video) set in Denver, CO., Honest Install in a daring and spontaneous attempt, offered to acquire Nest Labs, the 3.2 Billion dollar home automation jewel of Palo Alto, CA.

A FRIENDLY TAKEOVER - Chris M. of Honest Install offers to acquire Nest labs in an all-cash deal — A FRIENDLY TAKEOVER – Chris M. of Honest Install offers to acquire Nest labs in an all-cash deal

According to eye witness accounts the events unfolded as such:

Honest Install – a Dallas/Ft. Worth based Home Technology and Commercial A/V provider, and a Nest Certified Professional Installer, decided to make an all-cash takeover bid aimed directly at Nest Labs.

NEST ACQUISITION: Looks like we have reached our capital goal. A shout out to our angel investor and partner: CEDIA.

Fresh from a visit to the CEDIA cash booth, strapped with cold hard bread and AMEX gift cards Chris Manouel, CEO and founder of Honest Install approached David Stacey – North American Sales Leader of Nest Labs with the offer:

Mr. Manouel then displaying what was only referred to by onlookers as a “fat stack” of cash approached the Nest booth and exclaimed without hesitation: “We want to purchase Nest, its intellectual property and all of its assets”, to which Mr. Stacey of Nest was overheard to reply with: “Thanks, I think were good where we’re at.”

Although Mr. Manouel was quickly turned down, he remains highly optimistic:

“We have a synergy, culturally and on a business level with a brand like Nest. We love what they do and what they are all about and we will continue to sell and install the Nest Smart Learning Thermostats, the Nest Protect and we are very excited about the Dropcam products and how they can benefit our customers.”

RAISING CAPITAL - In an effort to acquire Nest Labs, Honest Install sets out to raise sufficient capital with Megan Kellow of CEDIA standing by. — RAISING CAPITAL – In an effort to acquire Nest Labs, Honest Install sets out to raise sufficient capital with Megan Kellow of CEDIA standing by.

Neither David Stacey nor Nest CEO Tony Fadell could be reached for further comment.

About Honest Install
Honest Install is one of Dallas/Ft. Worth’s premier Home Entertainment, Smart Home Automation & Commercial
Audio/Video Installers. Honest provides a wide range products and solutions to the residents and businesses of DFW – Dallas/Ft. Worth and surrounding. With a heavy emphasis on the customer experience while continually providing value for customer’s, Honest Install is one of DFW’s fastest growing Home Technology outfitters. For more information please visit: www.honestintsall.com

About Nest Labs
The creator of the world’s first learning thermostat, Nest Labs is focused on reducing home-energy consumption. The Nest Learning Thermostat learns human behaviors and preferences, automatically adjusting the temperature so you can stay comfortable while saving energy and money. Nest Labs is privately funded by Kleiner Perkins Caufield & Byers, Google Ventures, Lightspeed Venture Partners, Shasta Ventures, Generation Investment Management and Intertrust. For more information, visit: www.nest.com

NEST ACQUISITION - After consulting PETA, it was determined that dyeing a Dalmatian yellow was not advisable. So Honest Install plans to relocate 'Spot', the Nest fire truck Dalmatian out of harm, to a nice ranch in the Midwest. Don't worry the farm is regarded as the "Four Seasons" for retired fire dogs... — NEST ACQUISITION – After consulting PETA, it was determined that dyeing a Dalmatian yellow was not advisable. So Honest Install plans to relocate ‘Spot’, the Nest fire truck Dalmatian out of harm, to a nice ranch in the Midwest. Don’t worry the farm is regarded as the “Four Seasons” for retired fire dogs…

NEST ACQUISITION - Jimmy & Chris show off the newest member of the Nest family the Dropcam, a cloud based, wireless home camera system. Don't worry it will soon be ours, how does Honest-cam sound? — NEST ACQUISITION – Jimmy & Chris show off the newest member of the Nest family the Dropcam, a cloud based, wireless home camera system. Don’t worry it will soon be ours, how does Honest-cam sound?

BEAR HUG - The Nest Labs team intensely (or not) listening to the acquisition pitch by Chris Manouel of Honest Install. — BEAR HUG – The Nest Labs team intensely (or not) listening to the acquisition pitch by Chris Manouel of Honest Install.

CONFIDENTIALITY - with the Non-Disclosure Agreements out of the way, we begin one-on-one discussions with Nest personnel on the the details of the possible acquisition. — CONFIDENTIALITY – with the Non-Disclosure Agreements out of the way, we begin one-on-one discussions with Nest personnel on the the details of the possible acquisition.

FLASHING THE CASH - a technique to let the other side know a serious offer is about to be sent down the pipeline, often referred to as "peacocking". Those California people can't resist cash — FLASHING THE CASH – a technique to let the other side know a serious offer is about to be sent down the pipeline, often referred to as “peacocking”. Those California people can’t resist cash

NEST ACQUISITION - with several hundred dollars in hand, we begin the tense and difficult dance - the Merger & Acquisition (M&A) process — NEST ACQUISITION – with several hundred dollars in hand, we begin the tense and difficult dance – the Merger & Acquisition (M&A) process

FAIR MARKET VALUE - the official offer is prepared and verified to be walked over to the Nest booth. — FAIR MARKET VALUE – the official offer is prepared and verified to be walked over to the Nest booth.

NEST ACQUISITION - Honorary CFO & legal counsel from CEDIA, Meagan Kellow and team verifies the legitimate gathering of the purchase funds. — NEST ACQUISITION – Honorary CFO & legal counsel from CEDIA, Meagan Kellow and team verifies the legitimate gathering of the purchase funds.

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By: Michael Manouel, Jr., Social Media

What’s a Sonos?

SONOS is a company you might have heard a few things about. They’ve been making waves in the home automation industry with their steadfast mission to provide whole home audio, in the form of their wireless Hi-Fi line of premiere speakers, Playbars (or soundbars), and subwoofers to the everyday homeowner. And they’re making good on that promise too.

Out With The Old, in With the New

Honest Install Sonos App — Sonos App Viewed On An iPad

When Sonos means ‘wireless,’ they connected to the internet in such a way that an app on a smart phone or a tablet becomes your audio controller, and you can have many of them integrated onto the same network. This means the day is done for invasive, fully-drilled-and-wired, expensive types of distributed audio installations of old, with disparate parts of a speaker system here, a receiver there, a CD player here—and best of all no ‘head unit’ or control pad. In this case, you would have had to actually get up and walk to the unit to turn up-or-down the surround sound while watching a movie in your home theater or to play a different song in the family room.

What Makes Sonos The Grooviest Home Audio System?

Sonos Products Lineup Honest Install, Dallas TX — The Sonos Family of Hi-Fi Audio Products

Sonos works with your typical home internet router, creating its own wireless mesh network (basically, its own compartment within your Wi-Fi, so there’s no bogging or slowing down your internet connection) to blanket your entire home—with each room having its own audio ‘zone’—in the golden sounds of internet radio (Pandora, Spotify, Google Play, Sirius XM, Beats Music, Rhapsody, etc.), your own carefully and painstakingly-arranged (and totally perfect) collection of songs on iTunes, or literally any wireless radio station in the world.

Sonos App Android Media Room Honest Install Dallas, TX — Set Your Sonos Zone On Your iPhone (or Android)

A Sonos ‘zone’ is set-up to be infinitely-customizable, so every room in your home can have a different audio setting and play various pieces of music all at the same time: a movie’s soundtrack in your son’s room, a party-mix for the Saturday night BBQ out back, your daughter’s favorite music in the living room—the free, proprietary app will allow you to control all these scenes at once, all from the palm of your hand. Sonos’ learning app will even memorize and index all songs from your home music library. It can also be integrated with a turntable, CD-player, iPod, or an analog music player to boost them to the best sound possible. And while Sonos still may be the new-kid-on-the-block, they are a new and elegant breath of fresh air to the formerly-stodgy whole home audio business.

Honest Install carries the entire line of Sonos products, call now to receive a free-consultation for your D/FW home today, 972-470-3528.