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Nest CEO steps down as the company joins Google's home division
According to CNET, Nest has announced today that Marwan Fawaz will no longer be its CEO. As part of his departure, Nest will now be folded into Google's home and living room products team. In a joint interview with Fawaz, Rishi Chandra, vice president of product management for Google's home and living room products, said that the combination would make it easier for Google to integrate some of its machine learning technology and artificial intelligence into Nest products.
Nest co-founder and CEO Tony Fadell steps down
The CEO of Google's home automation company, Nest, is leaving. Tony Fadell made the announcement today in a blog post, saying he will remain as an advisor to Alphabet and CEO Larry Page. Marwan Fawaz, a former exec with Adelphia, Charter and Motorola Mobility and chairman of CableLabs, will step in as the new CEO. Fadell is most well known for leading the engineering team that developed the iPod, before he left Apple to co-found Nest with Matt Rogers in 2010, which focused on home devices like its connected thermostat. Google bought the company in 2014 for $3.2 billion before Nest itself acquired Dropcam a few months later.
