Google grabs Nest in $3.2 billion deal; former iPod boss Fadell to stay in charge

[iMore.com]

Google has acquired Nest, the company behind the Nest learning thermostat, as well as the Protect, a smart smoke detector, for $3.2 billion. Nest will continue to exist as its own distinct brand within Google, much like Motorola, and will still be run by current CEO Tony Fadell.

Full story from the iMore Blog...