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» Generac Holdings to buy smart thermostat startup Ecobee for $650M in cash and stock, plus up to $120M in stock if targets are hit, expects deal to close in Q4 (Charles Mandel/BetaKit)
Generac Holdings to buy smart thermostat startup Ecobee for $650M in cash and stock, plus up to $120M in stock if targets are hit, expects deal to close in Q4 (Charles Mandel/BetaKit)
By
Eresh
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November 01, 2021
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http://www.techmeme.com/
Techmeme
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Charles Mandel / BetaKit:
Generac Holdings to buy smart thermostat startup Ecobee for $650M in cash and stock, plus up to $120M in stock if targets are hit, expects deal to close in Q4 — Wisconsin-based Generac Holdings is acquiring smart thermostat startup Ecobee for up to $770 million, contingent on the achievement of certain performance targets.
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