A Billion Dollar Purchase: Why Google Bought Nest

January 29, 2014
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ImageWhen Google recently purchased Nest, a company specializing in home automation tech like thermostats and smoke detectors, people read the news with puzzled faces and scratched their heads. Add the fact that the deal went down for $3.2 billion and you’re likely to assume that Google has much more money than it knows what to do with.
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