ZAGG acquires Mophie for $100 million

Stefan Mileschin · 8th February 2016, 05:44

Mobile accessory giant ZAGG, the company that makes the well-known InvisibleShield, has recently acquired Mophie, another accessory giant, for $100 million.

The new ZAGG-Mophie mega combination now puts the company in a much higher position across four mobile market categories – battery cases, external batteries, screen protection, and tablet keyboards. The new merger also boasts combined 2015 net sales of approximately $470 million and is expected to enhance long-term enterprise value through strengthened product development, according to Tuesday's press release.

The acquisition also comes at a time when Apple has finally launched its own smartphone battery case – the 1,877mAh iPhone 6S Smart Battery Case – for $99.

http://fudzilla.com/news/39863-zagg-...or-100-million

8th February 2016, 05:44	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,500	ZAGG acquires Mophie for $100 million Mobile accessory giant ZAGG, the company that makes the well-known InvisibleShield, has recently acquired Mophie, another accessory giant, for $100 million. The new ZAGG-Mophie mega combination now puts the company in a much higher position across four mobile market categories – battery cases, external batteries, screen protection, and tablet keyboards. The new merger also boasts combined 2015 net sales of approximately $470 million and is expected to enhance long-term enterprise value through strengthened product development, according to Tuesday's press release. The acquisition also comes at a time when Apple has finally launched its own smartphone battery case – the 1,877mAh iPhone 6S Smart Battery Case – for $99. http://fudzilla.com/news/39863-zagg-...or-100-million

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