In March 2012, Starbucks announced that it would begin selling its first at home premium single cup espresso and brewed coffee machine, the Verismo system by Starbucks, at select Starbucks store locations, online, and upscale specialty stores in late 2012. The Verismo system was a high pressure system with the capability to brew both coffee and Starbucks quality espresso beverages, from lattes to americanos, consistently and conveniently one cup at a time; sales of the Verismo single-cup machine put Starbucks into head-to-head competition with Nestle’s Nespresso machine and, to a lesser extent, Green Mountain’s popular lineup of low-pressure Keurig brewers. Howard Schultz said that the move to begin sales of its own brewing system and single-serve coffee packs was “not about any disappointment with Green Mountain; it’s about controlling our own destiny”. The global market for premium at-home espresso/coffee machines was estimated at $8 billion. The introduction of the Verismo was the last phase of Starbucks’ strategic plan to have coffee products convering all aspects of the single-cup coffee segment-instant coffees (with its VIA offerings), single portion coffee packs for single-cup brewers, and single-cup brewing machines.