Why Nest Labs Could Boost Google: Tony Fadell
Tony Fadell is the co-founder of Nest Labs and is probably a big reason for the outsized price of the acquisition. See, Fadell was the mastermind of Apple’s (AAPL) hugely successful iPod (he is often called the “father of the iPod”) as well as part of the initial development of the Apple iPhone.
In other words, Fadell has a kind of Steve Jobs genius when it comes to re-imagining products. And the Nest thermostat might just be the clearest example of this.
According to a blog post from an investor in Nest Labs, “Tony’s success throughout his career … has been his uncanny ability to make software and hardware meld together as one to create a sublime user experience.”
That’s definitely a skill that Google can use.