Nest Labs makes smart thermostats and smoke detectors. Nest says customers can still use Apple products with devices.
Google has expanded its presence in consumer homes by buying Nest Labs, a connected device company which makes smart thermostats and smoke detectors, for $3.2bn.
The internet search giant announced an agreement to acquire Nest on Monday, signalling a deeper push into a new market of app-controlled household devices. They’re already delivering amazing products you can buy right now – thermostats that save energy and smoke/CO alarms that can help keep your family safe,” Google CEO Larry Page said in a statement. “We are excited to bring great experiences to more homes in more countries and fulfill their dreams!” Google’s stock increased 0.53% after the announcement.
