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Saturday, 4 June 2016

Nest CEO exits 2 years after $3.2B sale to Google

Source: www.sltrib.com --- Friday, June 03, 2016
San Francisco • Nest Labs CEO Tony Fadell is flying the coop two years after selling the smart-thermostat maker to Google for $3.2 billion. Fadell, best known for helping to invent Apple’s iPod, announced in a Friday blog post he is leaving Nest. His departure comes after reports published earlier this year detailed intensifying friction within Nest and delays in delivering new products designed for Internet-connected homes. Both Fadell and Alphabet, the parent company of Google and Nest, depict... ...



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