Login

Google completes Nest acquisition

nest

Google is now officially the owner of Nest Labs. After the deal received early FTC approval last week, Google closed the acquisition on Friday and revealed the finalized purchase in a filing today with the US Securities and Exchange Commission. Google announced its deal to purchase Nest for $3.2 billion almost exactly one month ago. At the time, it said the deal would likely close in the next few months, but the FTC cleared the way for it to close sooner than expected by waiving a regular waiting period.

Under Google, Nest will continue to operate with a degree of independence, though it won't be kept completely separate like Motorola was. Both companies maintain that the deal will help Nest scale its business of making smart home products. Whether — or perhaps more aptly, when — Google's software or services will end up on Nest devices, neither company has spoken to yet. But with Motorola now nearly a piece of Google's past, Nest will be its key presence in the hardware world — even its focus is far different from what Google is known for.

The Verge
X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new Verge username and password

As part of the new Verge launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to Verge going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new Verge username and password

As part of the new Verge launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to Verge going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.
Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.