Zagg to buy iPhone battery case maker Mophie for $100 million

Re/code:

Mophie, the accessory maker best known for its iPhone battery cases, is being bought for at least $100 million by rival Zagg.Zagg CEO Randy Hales said in a statement that the deal creates “numerous opportunities” to boost profits and revenues by combining the two companies’ strengths and distribution networks. Mophie CEO Daniel Huang and operating chief Shawn Dougherty will continue in their current roles, reporting to Hales. The deal, approved by both boards, should close later in the first quarter.

I’ve always been a fan of the Mophie products. I met their people several times at Macworld Expos and really liked them. Hope this works out well for all involved.