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Thermostat maker Nest shifts to Google
09 February 2018, 03:40 | Deanna Wagner
Alphabet rolls its Nest smart-home unit back into Google
But Google's own hardware line-up, including the Pixel smartphone range and Google Home speakers, have faced intensive competition from Apple and Amazon, respectively.
Google actually purchased the Next in the year 2014 and now they will start working together to build up the future hardware components. It appears to be a success, however, as Google claims that it's "sold tens of millions of products for the home in just the past year". Fawaz told CNET that the company has continued to make strides in the past few years. Nest's current CEO, Marwaz Fawan will now report to Google hardware chief Rick Osterloh, CNET reports.
Nest, while recently sidelined by flashier entries into the market from Amazon and Google, wasamong the progenitors of the connected home. Also included were some interesting claims about Nest's sales figures: "The company doubled its hardware portfolio last year-selling more devices in 2017 than the previous two years combined". However, despite having a new parent company, Nest has primarily operated independently during this time. Fawaz informed that Nest had shipped 11 million products since its first thermostat went on sale in 2011. Fadell resigned as head of Nest in 2016, but the company kept going under Google's new Alphabet corporate structure.
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