Google to buy Nest for $3.2B in quest for the ‘conscious home’

Google to buy Nest for $3.2B in quest for the ‘conscious home’

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.

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