Business
Life360 raising $280m equity, acquiring Tile – The Australian Financial Review
Family tracking app Life360 is making its second hardware acquisition this year, buying bluetooth tracking device company Tile….
The purchase price reflects a 1.5 times 2021 calendar year revenue multiple for Tile (assuming revenue of $US103 million), or 2 times including milestone payments and the retention equity.
It fits with Life360s vision of being the dominant platform for…
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