I’m excited to announce that we’ve agreed to acquire Nest Labs.  Nest’s founders, Tony Fadell and Matt Rogers, have built a tremendous team that we are excited to welcome into the Google family.  They’re already delivering amazing products you can buy right now--thermostats that save energy and smoke/CO alarms that can help keep your family safe.  It’s amazing to see how they have taken important but unloved devices and made them beautifully simple and useful.  We are excited to bring great experiences to more homes in more countries and fulfill their dreams!

http://investor.google.com/releases/2014/0113.html
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