Phone Accessory Manufacturer Incipio takes over competitor Griffin Technology

Aug

7

2016

Incipio, creator of, among other cases for iPads and iPhones, takes over competitor Griffin Technology. The companies did not disclose what amount thereby involved. It is definitely the fourth takeover doing business since 2015.

The publication of the deal makes Incipio little known. Like Griffin Skullcandy may continue to operate more or less autonomously trademark. The company may, Tennessee just keep its headquarters in Nashville, including staff.

The 25-year-old phone accessory maker has long been on an acquisition. In the past week also became known that the terms of the acquisition of Skullcandy also been adjusted. Instead of $ 5.75 per share Incipio pay 6.10 dollars. This is the purchase price of 177 million dollars to 188 million dollars. Besides Skullcandy and Griffin Incipio has Braven, Clamcase, Tavik and incase accepted.

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