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View Full Version : Google buys 'smart' thermostat maker Nest for $3.2 bn



Wireless News
01-13-2014, 08:13 PM
http://l.yimg.com/bt/api/res/1.2/_aOfLy9e132In4W2inflyw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/34add43f8c2e108ec20c2b291acc7e1b70189122.jpg (http://news.yahoo.com/google-buys-39-smart-39-thermostat-maker-nest-000720777.html)Google on Monday announced that it is buying smart thermostat start-up Nest in a deal valued at $3.2 billion. "They're already delivering amazing products you can buy right now -- thermostats that save energy and smoke/CO alarms that can help keep your family safe," Google chief executive Larry Page said in a press release. The big-ticket buy continues a move by the California-based Internet titan into consumer electronics hardware, adding smartphone-synched thermostats to its Motorola Mobility smartphones; Nexus mobile devices, Chromecast, and the promise of releasing Google Glass eyewear some time this year.



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