2 months ago
Owlet Baby Care is bringing a data-driven connectivity platform to the nursery while simplifying life for parents
Combined company to have an implied initial enterprise value of approximately $1,074 million, with the company expected to have up to an estimated $325 million in cash after closing
Top-tier investors, including Fidelity Management & Research LLC, Janus Henderson Investors, Neuberger Berman Funds, OrbiMed, private funds affiliated with PIMCO, and Wasatch Global Investors, anchor fully committed PIPE of $130 million, which combines with $230 million of cash held in SPAC trust account to bring post-transaction equity value of the combined company to $1,389 million
Transaction enables deeper investment in expanding connected ecosystem and pursuing telehealth platform
Best of CES 2021: 20 tech products to look out for this year
Feast your eyes on this year s latest and greatest tech. Share Updated: 12:50 PM CST Jan 22, 2021 Stefan Vazharov SOURCE: BestProducts.com
Feast your eyes on this year s latest and greatest tech. Share Updated: 12:50 PM CST Jan 22, 2021 Stefan Vazharov Technology Editor CES is always one of the biggest annual events, and this year’s all-digital edition is no exception. The virtual event set the stage for a plethora of consumer technology products, from industry leaders and ambitious startups, to make their debuts. Many of the products highlighted at CES 2021 are tailor-made for the socially distanced, remote-work landscape, which isn t too surprising since it feels like this new reality isn t changing anytime soon. For example, there were portable air purifiers, antimicrobial backpacks, and gadgets that spew out a fog for sanitization