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Google acquires Nest, gains Linux IoT tech

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Google

Google’s pending $3.2 billion acquisition of Nest Labs brings it a hot selling, Linux-based smart thermostat — and a launchpad for the Internet of Things.

Google’s stock price rose 1 percent the day after it announced it planned to acquire Nest Labs for $3.2 billion. The acquisition topped off a CES show in Las Vegas that was awash in similar, low-cost, smartphone-accessible home automation devices. Like most of these products, including Belkin’s WeMo and Ivee’s new Ivee Sleek, Nest Lab’s Learning Thermostat and runs on embedded Linux. The Nest Protect Smoke + CO Alarm lists the open source FreeBSD, NetBSD, and FreeRTOS. (See farther below for more details on the products.)

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