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Google to acquire Nest Labs for £2bn

Google will acquire Nest Labs for £2bn ($3.2bn). The company will continue to operate under its distinct brand and identity

Web giant Google announced Monday that it will acquire Nest Labs, the cloud-enabled thermostat and smoke detector startup founded by iPod creator Tony Fadell, for £2bn ($3.2bn).

EDF Group to build 1 petabyte private cloud platform

EDF Group said the private cloud platform will help reduce costs through the consolidation of its IT estate, and help improve collaboration among its global workforce

EDF Group, a global consortium of energy companies, announced a partnership with IT service providers Bull and Osiatis Monday that will see the two companies build a private cloud platform for EDF’s digital collaboration assets. Serving 160,000 users, the platform will be one of the largest of its kind in the world according to the companies.