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Nest
Nest Labs is a home automation company headquartered in Palo Alto, California, that designs and manufactures sensor-driven, Wi-Fi-enabled, self-learning, programmable thermostats and smoke detectors. Co-founded by former Apple engineers Tony Fadell and Matt Rogers in 2010, the start-up company quickly grew to have more than 130 employees by the end of 2012. The company introduced its first product, the Nest Learning Thermostat, in 2011. In October 2013, Nest Labs announced the Nest Protect smoke and carbon monoxide detector. On January 14, 2014, Google acquired Nest Labs for US$3.2 billion and left Nest Labs to use its own brand. Nest Labs continues to grow quickly with more than 460 employees in mid-2014.
