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News  ›  GlobeNewswire Inc.

Turning Vision Into Value: Cie Portfolio Win as Nativo Is Acquired for $120M

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Anderee Berengian
Turning Vision Into Value: Cie Portfolio Win as Nativo Is Acquired for $120M

Cie venture studio's portfolio company Nativo, an advertising technology provider, has been acquired by Life360 for approximately $120 million in cash and stock. The acquisition aims to combine family and location insights with Nativo's premium publisher reach.

Insights
SPR   negative

Tumbled 1.34% after reporting a quarterly loss and missing sales consensus estimates


LIF   positive

Expanding advertising platform capabilities through strategic acquisition of Nativo