Google acquires Nest, gains Linux IoT tech

Posted by Ridcully on Jan 15, 2014 9:06 AM EDT
LinuxGizmos; By Eric Brown
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Google's pending $3.2 billion acquisition of Nest Labs brings it a hot selling, Linux-based smart thermostat - and a launchpad for the Internet of Things. Google's stock price rose 1 percent the day after it announced it planned to acquire Nest Labs for $3.2 billion.

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