Google to buy home automation firm Nest Labs for US$3.2b

Google has taken its biggest step to go deeper into consumers' homes, announcing a US$3.2 billion deal to buy smart thermostat and smoke alarm maker Nest Labs, scooping up a promising line of products and a prized design team led by the "godfather" of the iPod.

via Business feed http://www.scmp.com/business/companies/article/1405809/google-buy-home-automation-firm-nest-labs-us32b