Google X, Google's lab in charge of making futuristic technology possible today (think Google Glass), has acquired Makani Power. Makani Power, which was recently featured in the New Yorker, specializes in high altitude wind turbines. Google X usually works on big ideas from inside Google; GigaOM notes it might be a new paradigm for them. Katie Fehrenbacher writes:
This is the first time we’ve heard that Google’s secretive moonshot lab has bought an outside company and is bringing it in house — usually the lab works on crazy ideas in house, and if these ideas become less risky, then Google turns those into actual Google products or pushes the products into other Google divisions.Read more here.