Nest Labs

Nest Labs may be growing as indicated by several news articles. The company was acquired by Google for a significant sum of $3.2 billion USD, which suggests a strong valuation and potential for investment in growth. Additionally, the home energy management system market, which includes companies like Nest Labs, is projected to grow at a CAGR of 19.1%, indicating a favorable market environment for Nest Labs' products. Furthermore, under Google's ownership, Nest has continued to innovate and expand its product line, which is a positive sign of growth and development within the company.

Founded by former Apple engineers in 2010, Nest Labs quickly gained attention with its debut product, the Nest Learning Thermostat. The company, known for its home automation products like thermostats and smoke detectors, has expanded its project scope to include innovations in smoke detection technology.