Google recently purchased Nest Labs, the company that makes The Nest “Smart Thermostat,” for $3.2 billion. Nest will maintain its brand name and continue to be led by former Apple designer Tony Fadell.
Nest Labs develops “smart” home appliances like thermostats and smoke detectors that can program themselves and communicate with smartphones. The company is best known for The Nest Thermostat, which figures out users’ daily habits.