Zagg buys battery telephone case maker Mophie for $one hundred million

Zagg buys battery phone case maker Mophie for $100 million

In what seems to be a coming-collectively of a telephone accent empire, Zagg has simply introduced that it is shopping for Mophie for at the very least $one hundred million, with maybe extra to be awarded afterward relying on Mophie’s gross sales figures. Zagg is a cellular accent firm that makes all types of units from keyboards to instances, whereas Mophie is greatest referred to as the maker behind the favored telephone battery case, as seen within the picture above. Mophie first gained reputation because the battery case of selection for iPhones, after which slowly expanded its line to incorporate battery instances for sure Android flagships plus standalone battery packs.

“This strategic mixture of two business innovators with complementary product, model and distribution platforms will allow us to ship elevated worth for our clients and shareholders,” stated Randy Hales, President and Chief Government Officer of Zagg in a press release. Since its inception, there have been a number of different corporations to make battery telephone instances. Just lately, Apple launched its personal battery telephone case referred to as the Apple Sensible Battery Case which prices $ninety nine.

Supply: Zagg
On this article: mophie, phoneaccessories, zagg