M&A Deal Summary

Sphero Acquires Specdrums

On June 22, 2018, Sphero acquired technology hardware company Specdrums

Acquisition Highlights
  • This is Sphero’s 1st transaction in the Technology Hardware sector.
  • This is Sphero’s 1st transaction in the United States.
  • This is Sphero’s 1st transaction in Colorado.

M&A Deal Summary
Date 2018-06-22
Target Specdrums
Sector Technology Hardware
Buyer(s) Sphero
Deal Type Add-on Acquisition

Target

Specdrums

Boulder, Colorado, United States
Specdrums is an app-controlled rings worn on a user’s fingers that turn color into sound with a simple tap. Specdrums was founded in 2016 and is based in Boulder, Colorado.

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Buyer(S) 1

Buyer

Sphero

Boulder, Colorado, United States
Category Company
Founded 2010
Sector Technology Hardware
DESCRIPTION

Sphero is a spherical robot. Sphero fuse robotic and digital technology into immersive entertainment experiences that ignite imagination and defy expectation. Sphero was founded in 2010 and is based in Boulder, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
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