https://wccftech.com/airtag-competitor-tile-acquired-by-life360/

Tile, who recently became the competitor of Apple thanks to the release of the company’s AirTags, has been acquired by Life360. The acquisition announcement came on Monday and will enable a cross-platform solution, enabling users to find and track lost items and pets over a bigger network.

Details of the acquisition state that Tile will retain its identity and continue to operate under CEO CJ Prober, who will also join Life360’s board of directions thanks to the $205 million deal. The announcement comes a day after Prober mentioned that AirTags continue to deliver unfair competition, though it was this very release that aided Tile in posting significantly high revenues. With the acquisition, Prober says the following.