Google Acquires a New Company, Expects Big Rewards
Google plans to acquire Nest Labs, a start-up who created the smart smoke detector and digital thermostat, for a whopping $32 billion, according to Inman. Former Apple employees, Tony Fadell and Matt Rogers, founded Nest Labs and will continue to run the company as their own distinct brand, according to the article. “This allows us to accelerate and stay in front of the coming wave of products for what we…