Foster Wheeler

Google To Buy Smart Thermostat Maker Nest For 3.2 Billion

Google acquired smart thermostat startup company Nest for $3.2 billion in cash. Nest had been working on a reported $150 million financing round that would have valued the firm at $2 billion. CEO Tony Fadell – a former Apple SVP – said on the company’s blog “We’ve had great momentum, but this is a rocket… Keep reading →