Nest Labs

Business Description

Nest Labs makes "smart" thermostats and smoke alarms for homes. Nest designs, manufactures and distributes sensor-driven, wi-fi-enabled, self-‐learning, programmable thermostats and smoke detectors, with the mission to reinvent "unloved but important devices in the home."

In late 2013, Nest reported had installed its thermostats in 1% of U.S. homes. Google acquired Nest in 2014 for $3.2 billion in cash.

Strategic Relationships

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