Google’s $3.2 Billion Purchase of Nest Cleared by FTC

Back in January, it was announced that Google would be acquiring Nest, the smart thermostat and smoke detector company whose popularity has been growing gradually since its humble beginnings as a Kickstarter project, for a whopping $3.2 billion. With high...

Google Acquires Nest for $3.2 Billion (Updated)

Google announced moments ago that it has acquired Nest Labs for $3.2 billion in cash. For those not familiar, Nest "reinvents" home products that you either neglect, ignore, or don't realize could be awesome and then makes them something you can't live without...