Google bought Nest Labs – the makers of a smart home thermostat for $3.2 billion. Nest thermostats are notable for allowing remote settings and away settings so users can efficiently use their heating and air conditioning units. Nest is a much-loved Silicon Valley hardware startup with leadership by former Apple executives. But does that explain why Google seems intent on reentering the connected-home hardware field? What could be the next step for Google/ Nest? Kim Horcher and Tim Frisch discuss.

Read more from Engadget: http://www.engadget.com/2014/01/13/google-acquires-nest/