Wink Sale Closes This Month

Photo of author

Tim Higgins

NETGEAR logoOEM / ODM Flex has announced its purchase of the Wink smart home platform.

Quirky’s September Chapter 11 announcement said it would sell "certain assets" of its Wink subsidiary to electronics contract manufacturing giant Flextronics. Today’s announcement makes that official.

Flex (aka Flextronics International Ltd.) said Wink would remain "a separate entity and corporation, with its own management structure for day-to-day activities and operations" after the deal closes later this month.

Flex said the purchase would be used to "improve our ability to design and build devices with integrated connected intelligence for our customers".

Today’s announcement didn’t mention terms of the deal or price. But Quirky’s September announcement named $15M as the price.

Flex acquires Wink

Flex acquires Wink

Related posts

Compro Announces Compact 2MP Netcam

Compro has announced a compact HD network camera.

Axis adds megapixel day/night netcam

Axis Communications today announced the company’s first two-megapixel network camera designed for professional security and surveillance applications. The AXIS 223M Network Camera provides high image detail in day or night lighting conditions.

Best Buy Announces Wireless HD Adapter Set

Best Buy today announced a wireless HDMI cable eliminator using 60 GHz WirelessHD technology.