Google is acquiring connected device company Nest for $3.2B. Google sent out an email to employees noting the acquisition today and later issued a press..
On Monday, Google announced it was buying smart-device company Nest Labs for $3.2 billion in cash. This is Google's first major foray into connected homes, and news of the deal ignited a flurry of speculation about what the Silicon Valley giant really
So would it have been insider trading to anticipate it?
Another Komisar pursuit just made the news: He's lead investor and board member of Nest, the connected-thermostat company that was sold this week to Google (GOOG) for a staggering $3.2 billion. The sale ends what appeared to be (to the outside world,
Here's my take on who wins and who loses in Google's planned $3.2 billion purchase of Nest, from investors to competitors to industries.