If it wasn't for the excitement over wearable devices, the "connected home" might have gotten significantly more attention at the Consumer Electronics Show. The purchase of Nest Labs by Google (NASDAQ: GOOG ) for over $3 billion placed the sector in "overheated" mode. One company taking part in the CES excitement over this concept, and boosted by the Nest Labs purchase, was recent IPO Control4 (NASDAQ: CTRL ) . The company has some interesting products and a surprisingly solid financial position for a modern technology firm, yet the valuation is very rich for the growth rate.
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