Google-Controlled Homes?
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Daily Real Estate News | Sunday, January 19, 2014Search-engine giant Google wants to help make homes smarter and more connected, and took another step at that by by announcing its acquisition of connected device maker Nest Labs.
Google announced it will pay $3.2 billion in cash to acquire Nest Labs, a company that develops “smart” home appliances such as thermostats and smoke detectors that can program themselves and be controlled and monitored over smartphones.
"This allows us to accelerate and stay in front of the coming wave of products for what we like to call the ‘conscious home,’" says Nest leader Tony Fadell.
Google’s acquisition follows several previous efforts by Google to get…
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