Jan. 14, 2014: Google to Acquire Smart Thermostat Maker Nest
Nest Also Offers Smoke/CO Alarm
MOUNTAIN VIEW, Calif. — Google Inc. announced that it has entered into an agreement to buy Nest Labs Inc., manufacturer of the Nest Learning Thermostat, for $3.2 billion in cash.
Nest Labs launched the Nest Learning Thermostat in 2011, and last year introduced a smoke and carbon monoxide (CO) alarm called the Nest Protect.