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Google to buy Nest Labs for $3.2B

Posted: 15 Jan 2014  Print Version  Bookmark and Share

Keywords:acquisition  Google  Nest Labs 

[Summary of tips] Google has announced that it is in an agreement to purchase Nest Labs for $3.2 billion in cash. The deal is expected to be finalised in the next few months.Nest's mission is to reinvent unloved but important devices in the home such as thermostats and smoke alarms. Since its launch in 2011, the Nest Learning Thermostat has been......
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