Tony Fadell, CEO of Nest, said: “We’re thrilled to join Google.
With their support, Nest will be even better placed to build
simple, thoughtful devices that make life easier at home, and that
have a positive impact on the world.”
Nest will continue to operate under the leadership of Tony Fadell
and with its own distinct brand identity. The transaction is
subject to customary closing conditions, including the receipt of
regulatory approvals in the US. It is expected to close in the
next few months.
Tony Fadell at Google is an interesting turn of events.