Skip to main content

Sphero acquires littleBits in a bid to rule the $150B educational toy market

Sphero acquires littleBits in a bid to rule the $150B educational toy market

Together, the companies claim to have sold $500 million in robotic toys.

Kid-friendly robotics giant Sphero has acquired DIY programming-kit company littleBits. The two toy-based teaching companies expect to build on each other’s strengths to become an even more massive player in the education space. Neither company has revealed the financial terms of the deal, but Sphero now claims to have the largest reach in the educational market with more than $500 million in product sold when combined with littleBits, according to data first reported by EdSurge.

Read Full Story

Comments

Post a Comment

Popular posts from this blog

Second stimulus checks update: Here’s the latest as Democrats push for more payments

A second stimulus check from the IRS would be nice, but don’t count on it just yet. The bill faces an uphill battle in a Republican-led Congress. Democrats in the House of Representatives put forth a new stimulus package proposal yesterday, and—good news!—it includes a second round of stimulus checks for Americans hurt by the ongoing global pandemic. For example, the 33 million people currently jobless due to COVID-19. Read Full Story
Post a Comment
Read more

Protesters stormed the US embassy in Baghdad and torched parts of it on New Year's Eve

AHMAD AL-RUBAYE/AFP via Getty Images Protesters have stormed the US embassy in Baghdad, setting fire to a reception area. The demonstrations were sparked by US attacks on a militia in Iraq and Syria Sunday, in which 25 were killed. President Trump in a tweet accused Iran of being behind the attack on the embassy, and said the US had launched the strikes in retaliation for an attack in which a US contractor was killed.  Visit Business Insider's homepage for more stories . Supporters of Shia militias in Iraq have stormed the US embassy in Baghdad, setting fire to a guard tower and reception area, according to reports.  An Associated Press reporter at the scene reported seeing flames rise from inside the compound, and at least three US soldiers on its roof. See the rest of the story at Business Insider NOW WATCH: How Ocean Spray cranberries go from the bog to your Thanksgiving table See Also: Greta Thunberg will interview David Attenborough in a special edition of the BB...
Post a Comment
Read more

The future of flying? AI that shames you into being a better passenger

The AI-powered airport of the future is full of promise–and peril, writes Teague futurist Devin Liddell. The first biometric airport terminal is already up and running, thanks to Delta’s collaboration with U.S. Customs and Border Protection, the Transportation Security Administration, and Hartsfield-Jackson Atlanta International Airport. Similar systems are now operational at Dubai International Airport , at least for first- and business-class passengers. While groundbreaking, these systems—powered by artificial intelligence—are early exemplars of the emerging technological transformation of airport and airline operations. They are working preludes to artificial intelligence’s eventual forays throughout the passenger experience. Part of these forays will be driven by technology; we’ll have increasingly smarter and capable tools for independently managing enormous complexities and creating new efficiencies. Another part will be driven by new c...
Post a Comment
Read more