Life360 Acquires Tile for $205M to Build Leading Finding and Location Platform
November 22, 2021
Life360 agreed to acquire Tile for $205 million, combining Life360's family-safety mobile platform with Tile's Bluetooth-enabled finding devices and network. Tile will continue to operate under CEO CJ Prober and remain branded as Tile, while the acquisition expands Life360's product capabilities, international reach and paid subscriber base.
- Buyers
- Life360
- Targets
- Tile
- Sellers
- Francisco Partners, Bessemer Venture Partners, GGV Capital
- Industry
- Consumer Products
- Location
- California, United States
- Transaction Type
- Buyout
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