CES may be finished for another year, but one of the biggest themes of the show — that anything (cars, watches, mirrors, tables and more) is fair game as..
Google said Monday it will acquire Nest Labs for $3.2 billion in cash. In a statement by Nest, the maker of the Learning Thermostat and the Protect smoke and carbon monoxide detector said that the company will continue to be run by current CEO Tony Fadell.
When the tech giant announced Monday that it plans to spend $3.2 billion in cash to purchase Nest — makers of, to date, smart thermostats and smoke and carbon-monoxide detectors — it put the brightest spotlight yet on the nascent industry. "When we
We'll be honest: if you told us a big company was going to buy Nest, we wouldn't have guessed Google. After all, the home automation company was founded.
When Google bought Motorola in 2012, its mandate was to get more millions people on the mobile web. Now with its $3.2 billion purchase of Nest Labs, Google could get millions of homes connected to a different kind of web: an energy management system