Ron Burgundy Posted January 13, 2014 Share Posted January 13, 2014 By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc took its biggest step to go deeper into consumers' homes, announcing a $3.2 billion deal to buy smart thermostat and smoke alarm-maker Nest Labs Inc, scooping up a promising line of products and a prized design team led by the "godfather" of the iPod. Nest will continue to operate as its own distinct brand after the all-cash deal closes, Google said on Monday. The deal is the second largest in Google's history after the $12.5 billion acquisition of mobile phone maker Motorola in 2012. "Nest Labs appears to be focused on thermostats and smoke alarms, but it's not far-fetched to see Google expanding this technology into other devices over time," said Shyam Patil, an analyst at Wedbush. View the full article Quote Link to comment Share on other sites More sharing options...
captaincracker Posted January 14, 2014 Share Posted January 14, 2014 I love that your name is Ron Burgundy. Quote Link to comment Share on other sites More sharing options...
Executive Council Kigen Posted January 14, 2014 Executive Council Share Posted January 14, 2014 It is a bot. 1 Quote Link to comment Share on other sites More sharing options...
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