Google invests $3.2 billion in Nest Labs

This was the big news of the week in the cleantech sphere, Google has bought Nest Labs for a massive $3.2 billion (2.34 billion euros). Nest is famous for its smart thermostat, which I wrote about in November 2011. Google is thus investing massively in the smart connected home market. As Cleantechies remarks, the company … Read more

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