Head of smart-home firm Nest steps down

Nest, which makes digital thermostats, smoke detectors and video cameras, was supposed to be a foundation for Google’s push in to smart-home technology when it bought the company for $3.2 billion in 2014.

Instead, Nest has failed to deliver any new hardware and was widely criticized for shutting down services for its smart-home hubs designed by Revolv, a start-up Nest acquired in 2014.

Read more: http://www.latimes.com/business/technology/la-fi-tn-tony-fadell-nest-20160603-snap-story.html

Popular posts from this blog

Commercial Automation Leader SOMFY Joins ZigBee

Home automation gets cheaper, smarter, easier

New home construction down last month