Complex sentence: In May 2010, he founded Nest Labs, which announced its first product, the Nest Learning Thermostat, in October 2011 to be acquired by Google in January 2014 for $3.2B.
Split into simpler sentences: In May 2010, he founded Nest Labs, which announced its first product, the Nest Learning Thermostat, in October 2011. Nest was acquired by Google in January 2014 for $3.2B.