You are out of your effin' minds if you think Nest is worth $3.2 Billion. That's a joke and Google is willing to dump tons down the drain knowing with an inflated stock price now is the time to strike on such frivolous buys.
Holy crap folks! Wake up.
AT&T, Verizon, GE, CenturyLink, PG&E and others are going to own the Smart Home space in 3 years.
Nest knows this or they wouldn't be shopping for a buyer.
By the way: "We're thrilled to join Google," Fadell said in a...