Tile sells up to Life360 amidst Apple AirTag tracking competition - NewsBreak

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By Vivian in Business
Updated 2 years ago

Bluetooth tracking device maker Tile is to be acquired by tracking app company Life360 as competition in the market grows hot. Life360 has announced that it will buy the Tile tracking business for $205 million, thus creating the "world leader in finding and location solutions". The deal is expected to close in the first quarter of 2022.