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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).
位置跟蹤器製造商,最重要的是蘋果(納斯達克:蘋果)批評者,瓷磚公司,已被總部位於舊金山的Life360,Inc.(場外交易: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.
發生的事情:Life360在週一發佈的一份聲明中宣佈,收購Tile的交易價值2.05億美元,預計將在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.
交易完成後,Tile將繼續以自己的身份運營,並繼續由CEO領導CJ探針器,誰將加入Life360董事會。瓦片團隊預計將留在原地。
See Also: How To Buy Apple (AAPL) Shares
另見:如何購買蘋果(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:瓦萊爾批評了蒂姆·庫克-領導的科技巨頭不止一次,指責後者的反競爭行為。
Tile’s products compete with Apple’s AirTags; both companies make devices that help users locate lost items through Bluetooth technology.
Tile的產品與蘋果的AirTags競爭;兩家公司都生產通過藍牙技術幫助用户定位遺失物品的設備。
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,蘋果向第三方公司開放了其“Find My”網絡,但早些時候有報道稱,Tile不想放棄通過自己的應用程序與用户建立直接關係。
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.
瓦爾與以下公司結成了合作伙伴關係亞馬遜公司(Amazon.com,Inc.)納斯達克(Sequoia Capital:AMZN)今年夏天簽署了一項協議,允許亞馬遜Echo和Ring設備通過其人行道藍牙網絡擴大Tile的網絡覆蓋範圍。
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高管的國會證詞報道稱,蘋果之前在其Apple Store銷售Tile的產品,在開始準備自己的競爭對手跟蹤產品時,開始與前者保持距離。
The executives said that Apple made technical changes that made it difficult to pair Tile products with iPhones.
這些高管表示,蘋果做出了技術上的改變,使得Tile產品很難與iPhone配對。
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.
價格行動:週一,蘋果股價在例行交易時段收高近0.3%,報161.02美元,盤後上漲0.3%.同日,Life360場外股票收盤持平於10.50美元。
Read Next: Apple Car Goes Full-Throttle Under Kevin Lynch With An 'Ambitious And Aggressive Plan:' Gurman
接下來請閲讀:在凱文·林奇(Kevin Lynch)的領導下,蘋果汽車開足馬力,制定了一個“雄心勃勃、咄咄逼人的計劃”:古爾曼
Photo: Courtesy of Tony Webster via Flickr
圖片來源:Tony Webster通過Flickr提供
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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., 是關聯公司。
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
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., 是關聯公司。
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