Majority stake Closed Jan 2014
Google acquires Nest for $3.2 billion
Relationship map
Parties
Parties
Market signals
Market signals
Deal value$3.2B reported total consideration
Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.
Summary
Google acquired the smart home company Nest, co-founded by Matt Rogers and Tony Fadell, for $3.2 billion in 2014. The acquisition is noted as a significant exit that supported cleantech venture capital.