Nest Lab

4
5 years agoOpen For Voting

Google Nest is a brand of Google LLC used to market smart home products including smart speakers, smart displays, streaming devices, thermostats, smoke detectors, and security systems including smart doorbells, cameras and smart locks.[3] The Nest brand name was originally owned by Nest Labs, co-founded by former Apple engineers Tony Fadell and Matt Rogers in 2010.[4] Its flagship product, which was the company’s first offering, is the Nest Learning Thermostat, introduced in 2011. The product is programmable, self-learning, sensor-driven, and Wi-Fi-enabled: features that are often found in other Nest products. It was followed by the Nest Protect smoke and carbon monoxide detectors in October 2013.[5] After its acquisition of Dropcam in 2014, the company introduced its Nest Cam branding of security cameras beginning in June 2015.[6] The company quickly expanded to more than 130 employees by the end of 2012.[4] Google acquired Nest Labs for US$3.2 billion in January 2014, when the company employed 280. As of late 2015, Nest employs more than 1,100 and added a primary engineering center in Seattle.[2][7][8] After Google reorganized itself under the holding company Alphabet Inc., Nest operated independently of Google from 2015 to 2018. However, in 2018, Nest was merged into Google’s home-devices unit led by Rishi Chandra, effectively ceasing to exist as a separate business.[9] In May 2019, it was announced that all Google Home electronics products will henceforth be marketed under the brand Google Nest.