TASER International to acquire Familiar
Oct 11, 2013 (MarketLine Financial Deals Tracker via COMTEX) --
TASER International, Inc., a manufacturer and seller of conducted electrical weapons, has entered into a definitive agreement to acquire Familiar, Inc., a provider of photo and video sharing services. Both the companies are based in the US.
Earlier, Familiar had secured funding from Greylock Ventures, Redpoint Ventures and Index Ventures.
Pursuant to the transaction, Familiar will join EVIDENCE.com, a business unit of TASER.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Announced: 2013-10-10
Target (Company) Familiar, Inc.
Acquirer (Company) TASER International, Inc.
The acquisition will help TASER to develop additional features and capabilities on the EVIDENCE.com platform.
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