Golden Recursion Inc. logoGolden Recursion Inc. logo
Advanced Search
Nest (company)

Nest (company)

Nest is a Palo Alto, California-based developer of home automation and IoT products founded in 2010 by Tony Fadell.

Nest, originally known as Nest Labs, was founded in May of 2010 by Tony Fadell and Matt Rogers, two former Apple engineers.

Flagship Products
Nest Learning Thermostat

Nest's initial product is a smart programmable thermostat that hosted a wifi connection allowing consumers to adjust their home's temperature from smart devices anywhere. The thermostat collected user data to make predictions on best temperature practices based on historical settings. This product was introduced to the commercial market in 2011.

Nest Protect

Nest Protect is a smart smoke and carbon monoxide (CO) detector, launched in October of 2013. The device is wifi-enabled, allowing push notifications to be sent to smart devices in the event of smoke or CO2 detection, as well as the ability to silence triggered alarms from smart devices. The item was discontinued in April of 2014 due to an affinity for the device's accidental disabling, which triggered a Nest Protect recall. In June of 2015, the product was relaunched with a split-spectrum sensor that allows smoke detection via light sensing.

Nest Cam

Nest Cam was introduced to the Nest brand in June of 2015 after Nest acquired Dropcam in 2014. Nest released a full line of automated security cameras for indoor and outdoor home security. A software flaw was reported in 2016 that allowed anyone with a Bluetooth capable device to deactivate the security cameras; a security update was procured to secure camera networks.

Google Acquisition of Nest

Google announced on January 13, 2014, that it planned to acquire Nest Labs for $3.2 billion. The transaction was complete by January 14, 2014, with the intent of Nest continuing to operate independently from other Google businesses. Additionally, in 2014, Nest products became available for purchase in Europe.

Google restructures under Alphabet Inc.

In August of 2015, Google restructured its operations under the parent company Alphabet Inc. and Nest was separated from Google and became a subsidiary of Alphabet.

Nest merges with Google's Hardware Division

In February of 2018, Google hardware announced that Nest had merged to become part of the hardware division, which also served as home to Chromecast and Google Home. Nest remained at its headquarters located in Palo Alto, California, but the CEO, Marwan Fawaz, began directly reporting to the head of hardware Rick Osterloh. In June of 2018, Fawaz stepped down as CEO, and Nest was merged with Google's home devices team headed by Rishi Chandra. In 2019, Google rebranded all of its Google Home Hub products under the umbrella name Google Nest Hub.

ADT partnership

In 2020, Google announced its commitment to invest $450 million in ADT to integrate the ADT security monitoring services into Nest devices.

Timeline

August 3, 2020
ADT and Google today announced they are entering into a long-term partnership to create the next generation of smart home security offerings through Google Nest.

Google will make a $450 million investment in ADT.

July 17, 2018
Nest CEO steps down as division is brought under the Google Home team
June 16, 2014
Two and a half months after Nest Labs pulled its "smart" Protect smoke detector off store shelves, the device maker on Monday returned the product to the market.
February 12, 2014
Google closes $3.2 billion purchase of Nest
January 30, 2013
Nest raises a $80,000,000 series C round from Venrock.
October 25, 2011
Nest Labs, launches smart home thermostat.

Funding rounds

Products

Patents

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

News

Title
Author
Date
Publisher
Description
Ron Amadeo
June 30, 2021
Ars Technica
Nest speakers, cameras, thermostats, displays, and more get solid support windows.
June 30, 2021
The Indian Express
Google is commiting to offer bug fixes and patches for at least five years after the launch of every Nest device.
Reuters
June 16, 2021
The Hindu
Google contractually prohibits Sonos from using technology that allows users to switch between Amazon's Alexa and the Google voice assistant
Babu Mohan
June 8, 2021
Android Central
Google has announced that it will soon expand Duplex support to Nest smart displays. The feature, which was first announced at Google I/O 2018, is currently available only on phones.
Dale Smith
May 20, 2021
CNET
What will bring them together? A smart home connectivity standard, expected later this year, called Matter.
SHOW MORE

References

Golden logo
By using this site, you agree to our Terms & Conditions.