Tony Fadell’s Nest Labs Set to Transform Thermostats

Tony Fadell - the former Apple executive who played a crucial role in the development of the massively popular iPhone and iPod product lines for almost 8 years, is all set to transform yet another consumer product used worldwide by millions of people - the thermostat.

According to reports, Mr. Fadell and a highly qualified team of 100 software and hardware experts are planning to transform the way we have known thermostats so far in our lives.

Fadell has confirmed that his Silicon Valley start-up Nest Labs has already come up with the world's first ever learning thermostat device.

"We've built the world's first learning thermostat - a thermostat for the iPhone generation," Mr. Fadell bragged, according to a New York Times report.

The ex-Apple executive founded the Palo Alto, California headquartered Nest Labs last year. The company is announcing its brand new thermostat on Tuesday.

The new offering from Nest Labs has been priced at $249, and it will be shipped from the mid-November onwards.

Speaking about his days in Apple, Fadell said: "I loved my job at Apple, and had a great team. But in essence, we were building toys. At Nest, you can build a product that could have a huge impact on a big problem."

[Image courtesy: c|net]