Tech Company M&A Transactions
LittleBits Acquisition
LittleBits was acquired by Sphero. The acquisition became public on 8/26/2019. What Sphero paid for LittleBits was not announced.
Transaction Overview
Company Name
Acquired By
Announced On
8/26/2019
Transaction Type
M&A
Amount
Unknown
M&A Terms
'We're thrilled to bring littleBits into the fold here at Sphero,' CEO Paul Berberian told TechCrunch ahead of the acquisition. 'Teachers need proven solutions that enhance learning for their students, and kids want technology that allows them to have epic experiences. Now, Sphero is better poised to introduce the best coding tools and hands-on STEAM tools like littleBits to even more classrooms around the world.'
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
60 East 11th St. 5th Floor
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Website
Email Address
Not Recorded
Overview
LittleBits is an opensource library of electronic modules that snap together with tiny magnets for prototyping and play.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ayah Bdeir
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We document every notable VC transaction. VC investment data records on this site come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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