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

    Oracle Hauls In NetSuite

    Further, Oracle's global scale and cloud solutions -- its SaaS, PaaS, IaaS and DaaS offerings -- will help NetSuite's 30,000 customers worldwide.While Oracle addresses these areas with on-premises solutions, NetSuite "fills holes in Oracle's cloud strategy in key verticals.
  • 5300c769af79e

    WhatsApp Intros Desktop App, Available for Windows and Mac

    Calling all WhatsApp users, a desktop app for the service is now available on Windows and Mac.Standalone from the web client and mobile version of WhatsApp, the desktop app behaves the exact same way as the online version does, with the exception that you don’t need your browser open.
  • 5300c769af79e

    adaware antivirus total 12

    With adaware antivirus total 12, you get parental control, but not spam filtering.Of course, all the abilities of adaware antivirus pro 12 are also with the full suite.
  • 5300c769af79e

    McDonald's Flips Its Training Game: Podcast

    When you have to onboard more than 700,000 people a year, training becomes a very, very big deal.Recently InformationWeek ran an article on the new training infrastructure McDonald's has put in place.