Technology

Posted on July 20, 2018 by staff

Reshuffle at Google-acquired smart home company

Technology

A smart home device company, acquired by Google in 2014 for $3.2 billion, has been moved under the Google brand.

Nest was founded in 2011 and began with a smart thermostat. It now offers connected doorbells, doorlocks and security cameras.

From 2015 the company had been operating under its own ‘Nest’ brand. Its offerings will now be merged with Google’s existing hardware development team, though the company will retain its offices.

Nest’ CEO Marwan Fawaz, who took on the role in 2016 from New co-founder Tony Fadell 2016, will stay on as an executive advisor.

“All of Google’s investments in machine learning and AI, they can very clearly benefit Nest products,” said Google hardware chief Rick Osterloh.

“It just makes sense to be developing them together.”

Nest’s existing hardware products are already designed to work with Google’s products, including its operating system Android.