Snap Inc. acquires Placed for a reported $200 million, Fisker Electric vehicle photos unveiled and pre-orders scheduled to begin late June, and Honk licenses its roadside assistance app to Farmers Insurance.
Snap Inc. Acquires Placed for a Reported $200 Million
Snap Inc. has acquired location data startup Placed Inc. of Seattle for $200 million, reports the Business Journal. Placed measures how effectively advertising campaigns drive customers to buy merchandise in-stores.
Fisker Electric Vehicle Photos Unveiled, Pre-Orders Begin Late June
Car designer Henrik Fisker released new images of his forthcoming EMotion, luxury electric vehicle which claims a range of 400 miles and a top speed of 161 mph, reports the Verge. The company says it will open up preorders for the $129,000 vehicle at the end of June.
Honk Licenses Its Roadside Assistance App to Farmers Insurance
Honk signed a deal to license its roadside assistance app to Farmers Insurance Group, reports TechCrunch. People with knowledge of the deal said it could be worth over $150 million to Honk, as it eyes an international rollout, though the company’s chief executive declined to confirm or deny that value.
Technology reporter Garrett Reim can be reached at [email protected]. Follow him on Twitter @garrettreim for the latest in L.A. tech news.
