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Google acquires Nest Labs for $3.2 billion in cash

Google on Monday announced that they have entered into an agreement to purchase Nest Labs, Inc., makers of the popular Nest Learning Thermostat and the recently-released Protect smoke detector, for $3.2 billion in cash. In the world of startup acquisitions,…

Next up for Nest Labs: A smoke detector?

Nest Labs is reportedly developing a smoke detector to complement the Learning Thermostat the company first unveiled in late 2011. Key details like the product’s name, when it will go on sale or how much it will cost remain unknown…