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Google Acquires Nest for $3.2 Billion

January 13, 2014 - in Corporate, Energy, Sensors

Google Inc. (NASDAQ: GOOG) announced today that it has entered into an agreement to buy Nest Labs, Inc. for $3.2 billion in cash. Nest’s mission is to reinvent unloved but important devices in the home such as thermostats and smoke alarms. Since its launch…