Matt Rogers

In another big hardware move for Google, the company announced Monday that it has greed to purchase Nest Labs for $3.2 billion.

Engadget has the scoop on a nifty new product from Tony Fadell and Matt Rogers, longtime Senior VP and lead engineer of Apple’s iPod division, respectively. Dubbed “the Nest,” this super slick little smart thermostat is set to hit the market next month for $249, and if that sounds a little high, consider all that it does

It's hard to imagine making thermostats sexy, but if anyone could do it, it would be the "father of the iPod." In 2008, amid renewed concerns about Steve Jobs' health, Fortune ranked the probable candidates to someday replace the famed Apple CEO. The first choice? Then COO and eventual successor Tim Cook. The second? Tony Fadell, chief of the iPod division and the man credited with the ideas that resulted in the creation of the iPod and its marriage with the iTunes Music Store.

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