Google's acquisition of Nest shows how B2C and advanced automation make for success in home energy management, says Lux Research
Press release, January 21; Alex Wolfgram, DIGITIMES
Google recently announced a cash purchase of home automation start-up Nest Labs for US$3.2 billion; Google Ventures has been a major investor in the company, whose last funding round totaled US$80 million. The acquisition represents a re-entry of sorts:...
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