Google Inc on Monday announced plans to acquire Nest Labs Inc, a maker of smart thermostats and smoke alarms, for $3.2 billion, one of the Internet search company's largest acquisitions. Nest will continue to operate under the leadership of Chief Executive Officer Tony Fadell, a former Apple Inc executive, with its own distinct brand identity, Google said.
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Shares of AAPL traded higher by 0.52% or $2.79/share to $535.73. In the past year, the shares have traded as low as $385.10 and as high as $575.14. On average, 11288200 shares of AAPL exchange hands on a given day and today's volume is recorded at 13484172.
Google Inc. (Google) is a global technology company. Shares of GOOG fell by 0.64% or $-7.2001/share to $1122.98. In the past year, the shares have traded as low as $695.52 and as high as $1147.32. On average, 1821940 shares of GOOG exchange hands on a given day and today's volume is recorded at 2405544.
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