Scalper1 News
Google (GOOG) on Monday said it’s agreed to acquire Nest Labs, a digital thermostat company, for $3.2 billion in cash. Palo Alto, Calif.-based Nest makes digital thermostats and smoke detectors. The company says its products, which also include smoke alarms, save energy by giving homeowners more options, such as “auto-away,” where the thermostat turns itself off when it senses that nobody is home. Nest will operate under current CEO Tony Fadell Scalper1 News
Scalper1 News