Wednesday, 12 February 2014

Done Deal: Google Closes $3.2 Billion Acquisition of Nest

From Mashable

It's official: Google has closed its $3.2 billion acquisition of Nest.


Google revealed in its regulatory filing Wednesday that it closed the deal on Feb. 7, just shy of a month after the deal was first announced.


See also: The Eye in Your Home: Google, Nest and the Rise of the Physical Graph


The Federal Trade Commission had given Google the green light for the Nest acquisition last week.


Google's decision to acquire Nest, which makes a smart thermostat and smoke detector, confounded some initially, but analysts suggest it helps Google e .. Read More



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