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Google to buy Nest for $3.2 billion

2:46 PM, Jan 13, 2014   |    comments
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SAN FRANCISCO - Google says it has acquired Nest, the maker of highly styled digital smoke alarms and thermostats, for $3.2 billion in cash.

Nest, based in Palo Alto, Calif., has generated lots of buzz and sterling reviews for its aesthetic design approach to common everyday home appliances often ignored by consumers.

Since its launch in 2011, the Nest Learning Thermostat has been a consistent best seller. The recently unfurled Protect (Smoke + CO Alarm) has landed rave reviews.

The acquisition thrusts Google squarely into multiple markets: search, email, smartphones, PCs, tablets and - now - the home.

(Copyright © 2014 USA TODAY)

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