Zagg acquires battery case maker Mophie for $100 million

By , Feb 2, 2016


Zagg has acquired popular battery case maker Mophie, the two companies announced on Tuesday. The Utah-based accessory giant has agreed to pay $100 million for Mophie, plus any EBITDA adjustments over that amount for the next year, in cash and debt.

In a press release sent out this afternoon, Zagg said that the transaction will leverage the unique strength of two “industry leaders” in the mobile accessories sector to create a business with greater product diversification and improved operational capabilities.

“This strategic combination of two industry innovators with complementary product, brand and distribution platforms will enable us to deliver increased value for our customers and shareholders,” said Randy Hales, President and Chief Executive Officer of ZAGG. “We see numerous opportunities to drive revenue growth and increase profitability by leveraging the strengths of both organizations to strengthen product development, improve brand presence, and expand distribution.”

Daniel Huang, mophie CEO said, “ZAGG and mophie represent two companies with strong brands and shared values. Together, we intend to build on our market leadership to deliver great products, advance the brand, and increase our global presence.”

Zagg produces a number of mobile accessories, from keyboards to cases, but it’s likely most well known for its InvisibleShield screen protectors. Mophie of course earned its notoriety for being a leader in the iPhone battery case/external battery pack space.

Source: Zagg

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  • (JailbreakQA) King Shoot

    Ha! No more overpriced battery cases.

    • Why you say that?

    • InfinitePlusOne

      Now Zagg could price them whatever they want tbh

  • diggitydang

    I’ve always liked mophie… They’ve always made it easy when calling customer service and replacing parts. Zagg claims lifetime replacements and then charges you to ship said replacement when something goes wrong. I hope Zagg doesn’t ruin mophie…

    • Jerry

      I never liked zaggs products like their awful screen protectors that needed you to spray liquid on them before application. A company like Tech Armor would of been a smarter move, the customer service is amazing and all the products are top notch. But hopefully zagg does lower the prices but keep the quality.

  • Jamessmooth

    Zaggs invisible shields are the best. I’ve used other screen protectors and they don’t come close. I love their keyboards too. Mophie, on the other hand, is overpriced junk. I’ve bought juice packs for my last three iPhones, and they’ve all had problems. Hopefully Zagg can bring some quality control to the table.