‘Google Was the Only Serious Bidder’

Liz Gannes, reporting for Recode:

Nest had been close to completing a funding round of upward of $150 million that would have valued it at more than $2 billion, Re/code reported earlier this month. That round never closed, because Google swept in. Sources familiar with details of the acquisition said that Google was the only serious bidder and Apple was not in the mix.

Does Google acquiring Nest change Apple’s mind about selling Nest products in Apple Stores?

★ Monday, 13 January 2014