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Title: Why Google, not Apple, bought Tony Fadell's Nest Labs Post by: HCK on January 15, 2014, 02:00:04 pm Why Google, not Apple, bought Tony Fadell's Nest Labs
What 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 MORE (http://tech.fortune.cnn.com/2014/01/14/apple-google-nest-fadell/)<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=tech.fortune.cnn.com&blog=8466345&post=131417&subd=fortunebrainstormtech&ref=&feed=1" width="1" height="1" /><img src="http://feeds.feedburner.com/~r/fortuneapple20/~4/Clw8rhYdtGY" height="1" width="1"/> Source: Why Google, not Apple, bought Tony Fadell's Nest Labs (http://rss.cnn.com/~r/fortuneapple20/~3/Clw8rhYdtGY/http://tech.fortune.cnn.com/2014/01/14/apple-google-nest-fadell/#commentshttp://tech.fortune.cnn.com/2014/01/14/apple-google-nest-fadell/feed/atom/) |