Mr. Fadell and Matt Rogers founded the company together in 2010. In 2014, Google acquired Nest for $3.2 billion, according to The New York Times.
Since its founding, Nest has expanded to sell additional products, including smoke alarms, carbon monoxide alarms and cameras.
Mr. Fadell will become an adviser to Alphabet and Larry Page, its CEO, according to the Times. He will be succeeded by Marwan Fawaz.
More articles on IT:
4 ways communication-based innovations can drive hospital quality, efficiency improvements
What comes after the Epic go-live? 6 questions with MD Anderson CIO Chris Belmont
6 recent vendor contracts, go-lives
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
