The first-generation Nest Learning Thermostat made its debut in 2011, helping jumpstart the connected home device market that is now a multi-billion dollar industry. The company has since been acquired by Google for $3.2 billion, and two iterative updates have been released in addition to a connected smoke detector and three different home security cameras. Despite Nest’s broadened scope, the current third-generation Nest Learning Thermostat is still widely viewed as the best in the business. On Thursday, however, Nest is unveiling a brand new smart thermostat that doesn’t aim to be the best. Instead, the company has an entirely different goal in mind with the Nest Thermostat E: Build a thermostat for the masses.
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