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Tile, Whose Location Trackers Were A Thing Before Apple Unveiled AirTags, Gets Acquired By Life360 In $205M Deal
Tile, Whose Location Trackers Were A Thing Before Apple Unveiled AirTags, Gets Acquired By Life360 In $205M Deal
Manufacturer of location trackers and foremost of Apple Inc (NASDAQ:AAPL) critics, Tile Inc, has been acquired by San Francisco-based Life360, Inc (OTC:LIFX).
What Happened: Life360 announced in a statement released Monday that the deal to acquire Tile is valued at $205 million and expected to close in the first quarter of 2022.
After the deal is closed, Tile would continue to operate under its own identity and continue to be led by CEO CJ Prober, who would join the Life360 board of directors. The tile team is expected to stay in place.
See Also: How To Buy Apple (AAPL) Shares
Why It Matters: Tile has criticized the Tim Cook-led tech giant on more than one occasion, accusing the latter of anti-competitive behavior.
Tile’s products compete with Apple’s AirTags; both companies make devices that help users locate lost items through Bluetooth technology.
In April, Apple opened up its “Find My” network to third-party companies but it was reported earlier that Tile does not want to give up its direct relationship with its users through its own application.
Tile forged a partnership with Amazon.com, Inc (NASDAQ:AMZN) this summer, which would allow Amazon Echo and Ring devices to extend Tile’s network coverage through its Sidewalk Bluetooth network.
Apple, which sold Tile’s products in its Apple Stores previously began to distance itself from the former as it began readying its own rival tracking product, reported Reuters, citing congressional testimony from Tile executives.
The executives said that Apple made technical changes that made it difficult to pair Tile products with iPhones.
Price Action: On Monday, Apple shares closed nearly 0.3% higher at $161.02 in the regular session and rose 0.3% in the after-hours trading. On the same day, Life360 OTC shares closed unchanged at $10.50.
Read Next: Apple Car Goes Full-Throttle Under Kevin Lynch With An 'Ambitious And Aggressive Plan:' Gurman
Photo: Courtesy of Tony Webster via Flickr
Manufacturer of location trackers and foremost of Apple Inc (NASDAQ:AAPL) critics, Tile Inc, has been acquired by San Francisco-based Life360, Inc (OTC:LIFX).
位置跟踪器制造商,最重要的是苹果(纳斯达克:苹果)批评者,瓷砖公司,已被总部位于旧金山的Life360,Inc.(场外交易:LIFX)。
What Happened: Life360 announced in a statement released Monday that the deal to acquire Tile is valued at $205 million and expected to close in the first quarter of 2022.
发生的事情:Life360在周一发布的一份声明中宣布,收购Tile的交易价值2.05亿美元,预计将在2022年第一季度完成。
After the deal is closed, Tile would continue to operate under its own identity and continue to be led by CEO CJ Prober, who would join the Life360 board of directors. The tile team is expected to stay in place.
交易完成后,Tile将继续以自己的身份运营,并继续由CEO领导CJ探针器,谁将加入Life360董事会。瓦片团队预计将留在原地。
See Also: How To Buy Apple (AAPL) Shares
另见:如何购买苹果(Apple)股票
Why It Matters: Tile has criticized the Tim Cook-led tech giant on more than one occasion, accusing the latter of anti-competitive behavior.
重要的原因:瓦莱尔批评了蒂姆·库克-领导的科技巨头不止一次,指责后者的反竞争行为。
Tile’s products compete with Apple’s AirTags; both companies make devices that help users locate lost items through Bluetooth technology.
Tile的产品与苹果的AirTags竞争;两家公司都生产通过蓝牙技术帮助用户定位遗失物品的设备。
In April, Apple opened up its “Find My” network to third-party companies but it was reported earlier that Tile does not want to give up its direct relationship with its users through its own application.
今年4月,苹果向第三方公司开放了其“Find My”网络,但早些时候有报道称,Tile不想放弃通过自己的应用程序与用户建立直接关系。
Tile forged a partnership with Amazon.com, Inc (NASDAQ:AMZN) this summer, which would allow Amazon Echo and Ring devices to extend Tile’s network coverage through its Sidewalk Bluetooth network.
瓦尔与以下公司结成了合作伙伴关系亚马逊公司(Amazon.com,Inc.)纳斯达克(Sequoia Capital:AMZN)今年夏天签署了一项协议,允许亚马逊Echo和Ring设备通过其人行道蓝牙网络扩大Tile的网络覆盖范围。
Apple, which sold Tile’s products in its Apple Stores previously began to distance itself from the former as it began readying its own rival tracking product, reported Reuters, citing congressional testimony from Tile executives.
路透社援引Tile高管的国会证词报道称,苹果之前在其Apple Store销售Tile的产品,在开始准备自己的竞争对手跟踪产品时,开始与前者保持距离。
The executives said that Apple made technical changes that made it difficult to pair Tile products with iPhones.
这些高管表示,苹果做出了技术上的改变,使得Tile产品很难与iPhone配对。
Price Action: On Monday, Apple shares closed nearly 0.3% higher at $161.02 in the regular session and rose 0.3% in the after-hours trading. On the same day, Life360 OTC shares closed unchanged at $10.50.
价格行动:周一,苹果股价在例行交易时段收高近0.3%,报161.02美元,盘后上涨0.3%.同日,Life360场外股票收盘持平于10.50美元。
Read Next: Apple Car Goes Full-Throttle Under Kevin Lynch With An 'Ambitious And Aggressive Plan:' Gurman
接下来请阅读:在凯文·林奇(Kevin Lynch)的领导下,苹果汽车开足马力,制定了一个“雄心勃勃、咄咄逼人的计划”:古尔曼
Photo: Courtesy of Tony Webster via Flickr
图片来源:Tony Webster通过Flickr提供
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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