Google Nest is owned by Alphabet (the United States, NASDAQ: GOOGL), which acquired the brand on 12 February 2014.[1][2] Google Nest was founded in 2010 in Palo Alto, California and was independent until 2014.
Nest was founded by two former Apple engineers who had worked on the iPod and applied the same design attention to a thermostat. Google acquired it in 2014 for $3.2 billion, and the name now covers the company's whole smart home range including cameras and speakers.
Google acquired Nest Labs for $3.2 billion in cash, buying a thermostat company founded by two former Apple engineers. The price startled the industry and marked Google's entry into hardware inside the home.