1/21/2014

Google's purchase of Nest Labs will do more to accelerate the delivery and acceptance of home-networking systems than any other development to date, say a number of industry officials and observers. Nest is a maker of connected thermostats and smoke detectors. "A giant statement like that from one of the top technology companies causes everyone to start thinking about the space," says Alex Hawkinson, CEO of SmartThings, a smart-device startup firm.

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