The amount of the deal was not disclosed.
Over the past nine years, Sphero and littleBits have each created new categories of learning tools that enable invention and STEAM education through play and technology.
Combined, the two companies have reached over six million students and 65,000 teachers across 35,000 schools globally — and have sold more than $500 million in Sphero robots and littleBits kits.
Through this acquisition, Sphero will offer a comprehensive offering of hardware, software, curriculum, and training. With the addition of the littleBits line, it will now feature a portfolio of over 140 patents in robotics, electronics, software, and the Internet of Things. Teachers will have access to hundreds of thousands of community-generated inventions and activities, and over a thousand lessons tied to NGSS, CSTA and Common Core standards.
With this deal, Sphero plans to accelerate international growth and acquire other products and companies to further expand its portfolio of STEAM products and tools. The company will have offices in Boulder, New York, and Hong Kong with Paul Berberian as CEO.
Ayah Bdeir, founder of littleBits, will be moving on from littleBits to pursue her next adventure.
FinSMEs
25/08/2019