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January 12, 2018 09:50 pm GMT
Luma, a three-year-old, Atlanta, Ga.-based maker of smart WiFi routers, has been acquired by First Alert, a maker of smoke and carbon monoxide detectors that is itself a subsidiary of Newell Brands, a public company whose other holdings include Rubbermaid. Terms of the deal aren’t being disclosed, but Luma had attracted $22 million from investors, including Relay Ventures, Accel… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9A3kQK54ce4/
Even the Most Interesting Man in the World couldnt make Luma work as standalone company
Luma, a three-year-old, Atlanta, Ga.-based maker of smart WiFi routers, has been acquired by First Alert, a maker of smoke and carbon monoxide detectors that is itself a subsidiary of Newell Brands, a public company whose other holdings include Rubbermaid. Terms of the deal aren’t being disclosed, but Luma had attracted $22 million from investors, including Relay Ventures, Accel… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/9A3kQK54ce4/
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