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Amazon is acquiring WiFi router company Eero (AMZN)

Business Insider Monday, 11 February 2019
Amazon is acquiring WiFi router company Eero (AMZN)Amazon is acquiring the home mesh WiFi router company Eero, the companies announced in a press release Monday.

Eero was last valued at $215 million in a Series D in 2017, according to PitchBook. It's backed by firms including Qualcomm and Shasta Ventures. The terms of the deal were not disclosed.

Eero was one of the...
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News video: Amazon Acquiring WiFi Router Company

Amazon Acquiring WiFi Router Company 00:33

According to Business Insider, Amazon is acquiring the home wi-fi router company Eero. The companies announced announced the acquisition early this week. According to Dave Limp, SVP of Amazon Devices and Services, "We are incredibly impressed with the eero team and how quickly they invented a WiFi...

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