Tile acquired by location tracking platform Life360 in $205M deal

Tile acquired by location tracking platform Life360 in $205M deal

November 22, 2021 0 By [email protected] (Mikey Campbell)

Tile, makers of location tracking hardware that competes with Apple’s AirTag, has agreed to an acquisition that will see the company become part of location tracking specialist Life360.

Life360 announced the acquisition on Monday, touting the tie-up as the beginnings of an enhanced cross-platform solution that will enable location-based finding of people, pets and things.The deal is worth an estimated $205 million and is expected to close in the first quarter of 2022.

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