6:21am

Tue January 14, 2014
Business

Google Buys Home Automation Company Nest

Originally published on Tue January 14, 2014 9:53 am

On Monday, Google announced it had purchased Nest Labs for $3.2 billion. Nest is focused on the "automated home" concept, making smoke detectors and thermostats that connect to the Internet. Google's purchase signals a strong interest in this arena.