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Report: Google Only Serious Bidder For Nest

  • Re/code, Tuesday, January 14, 2014 10:25 AM
While Nest’s $3.2 billion price tag might suggest a bidding war, Google was reportedly the only serious bidder for the smart-home startup. “Sources familiar with details of the acquisition said that Google was the only serious bidder and Apple was not in the mix,” Re/Code reports. Google Ventures, it’s worth noting, was a top backer of Nest.
 

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