Why Google, not Apple, bought Tony Fadell's Nest LabsWhat the $3.2B Google paid says about Larry Page's ambitions -- and Tim Cook's focus.
<p>FORTUNE -- The tech press went nuts Monday after Google (GOOG) announced that it had offered $3.2 billion to buy Nest Labs, purveyor of well-designed, wi-fi enabled thermostats and smoke alarms.</p>
<p>No surprise there. Three billion is a lot of money, and Nest has genuine Silicon Valley star power: It was co-founded by Tony Fadell, a top
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Why Google, not Apple, bought Tony Fadell's Nest Labs
