Search Blog

Categories

Choose a category

stretchsense

StartToday considers whether StretchSense fits

StretchSense, a New Zealand-based wearable sensor manufacturer spun out from University of Auckland, revealed yesterday that it had agreed a call option to be acquired by e-commerce portal StartToday.

StartToday already owns a 39.9% stake in the spinout and would pay $72m for the remaining shares.

The option, which costs $20m, is valid until September 2018 pending regulatory approval from the New Zealand Overseas Investment Office. The agreement values StretchSense at approximately $120m.

Read the full article here.

Previous Article

「ZOZOTOWN」を運営するスタートトゥデイが2017年11月22日、採寸できるスーツ「ZOZOSUIT」を無償で配布して大きな話題となりました。

Read more

Next Article

Slip into the ZOZOSUIT to take the headache out of online shopping

Read more

What’s Next?

Get latest updates
on our newest products

Want to stay up-to-date with all the latest news and product developments from StretchSense? Sign up to our mailing list to ensure you’re always informed about what’s going on.

media-press-logo

Download Media Press Kit

Download Packaged File