New CEO: Nest Isn't Going Anywhere

...

Nest is not going anywhere, according to new CEO Marwan Fawaz. In a letter to Nest employees yesterday, he insisted that he was not brought in to sell the company.

"My only agenda for Nest is to scale and grow with innovative products. Nest is not for sale, and scaling and innovation aren't mutually exclusive," he wrote in the memo, which was obtained by The Verge. "I'm counting on each one of you to help maintain our culture of disruption, the source of the Nest magic. This culture is how we'll continue to lead in the connected home space, continue to attract the best talent around, and help save even more energy and lives."

Fawaz appeared to tease a future Nest product in his letter, though its name was redacted in the memo. "Many of you have asked if there's a change in strategy or direction. There is not. We need to focus on delivering the great roadmap we have in place, beginning with [redacted]," he said.

According to sources speaking to Tech Insider, Nest has a few new products cooking right now: colored versions of the Nest thermostat and an outdoor version of the Nest Cam, for example.

The memo comes after Nest CEO Tony Fadell was replaced with Fawaz, formerly the CTO at Charter and an executive vice president at Motorola Mobility.

Categories
GAMES
0 Comment

Leave a Reply

Captcha image


RELATED BY

  • 5300c769af79e

    Ring Stick Up Cam

    When we reviewed the Ring Video Doorbell last year we were impressed with its daytime video quality and how easy it was to install.Design and FeaturesThe Stick Up Cam looks similar to the Ring Doorbell.
  • 5300c769af79e

    The Best Free Software of 2017

    To make ends meet, many creators of otherwise great free software, or the services that offer the programs for download, bundle in things you don't want.For more about how to spot and avoid this problem, see How to Clean Crapware From a New PC, and check out the Uninstaller section of this very free software collection.
  • 5300c769af79e

    From Cost-Center to Profit Center: How Investing in Commercial Operations Drives Growth for Medtech, and 3 Strategies for Getting Started

    Download In a commercial environment that becomes more complex by the day--due to factors such as increasing margin pressures, evolving customer-buying processes and the industry's increasing focus on outcomes--new technology holds promise for medtech companies to overcome these challenges and turn them into opportunities.However, many firms consistently fail to capture that promise.
  • 5300c769af79e

    451 Research Report: AlienVault USM Anywhere

    Download In this report, you'll read 451 Research's review of AlienVault USM Anywhere.USM Anywhere is AlienVault's offering of centralized security information and event management for resource-constrained organizations embracing Amazon and Microsoft cloud architectures.