SAN FRANCISCO: Google Inc announced plans to acquire smart thermostat maker Nest Labs Inc for US$3.2bil (RM10.54bil), signalling the Internet company's intention to expand into a broader array of devices and bringing valuable hardware design expertise in-house.
The Internet giant has in recent years ventured further afield from its roots in online search and advertising, and is now a heavy hitter in industries such as mobile electronics and video-streaming.
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