Google Buys Nest Labs in $3.2 Billion Deal

Google Buys Nest Labs

The “connected home” is a concept that power company Google has been pursuing for the past three years. In 2011, it introduced Android@Home — an innovative, convenience-focused platform that aimed to connect most home appliances/electronic devices to Android-powered phones via Google. The idea was to be able to control apparatuses, such as house lights, cars and TVs, right from the comfort of your own phone. Android@Home, in particular, never quite caught on the way Google intended, but the idea still lives. On Monday, Jan. 13, 2014, Google announced that a similar project was in the making — this time, it involves a $3.2 billion deal with device-developing company, Nest Labs.

Read more on NewsLab.


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