Zagg Acquiring Mophie for $100 Million

In an announcement made on their blog, Zagg has agreed to purchase battery case manufacture Mophie for at least $100 million.

ZAGG Inc (NASDAQ:ZAGG) and mophie inc. (“mophie”) announced today the signing of a definitive merger agreement under which ZAGG will acquire mophie. The transaction will leverage the unique strengths of two industry leaders in the mobile accessories sector to create a business with greater product diversification and improved operational capabilities.

The terms of the deal mean that the agreed upon price of Mophie is $100 million plus a 5-times EBITDA increase based on how Mophie performs from April 1, 2016 through March 31, 2017.

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Review of The Zagg Auto-Fit Folio

Zagg Auto-Fit Keyboard

As users of Android and Windows based tablets continue to demand more productivity from their devices, accessories like Bluetooth keyboards equally are seeing a rise in usage. We see things like folio-style keyboards that essentially serve as a case and keyboard for your tablet all in the effort of providing a physical keyboard while not adding much bulk or adding a measure of protection. One of the best at providing that functionality as well as protection is the Zagg Auto-Fit Folio

Designed to fit 7″, 8″ or 10″ tablets, the Zagg auto-fit Folio uses a spring-loaded mechanism to hold your tablet in place while giving you a comfortable and very responsive keyboard that you connect to your tablet via Bluetooth. Add to that, the keyboard is folio-style case that has a hard outer shell to provide protection for your tablet while it is inside the keyboard case.

I recently received one of the Zagg Folio’s to try out with my Nexus 7 and having used it heavily in that time (in fact, this review is being written on it), I have to say it is one of the best Bluetooth keyboards I have used. It has solid performance, responsive typing and key action and is simply to setup all while not adding a huge amount of bulk to a slim tablet. This product is certainly one I can recommend with confidence.

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