Foley & Lardner advised Jio, Inc. on the deal.
Chicago-based technology start-up Jio, Inc. announced its recent merger into Life360, a technology company and global leader in family location and safety services.
Jiobit, a provider of hardware-enabled location tracking solutions, will play a critical role in the continued growth of Life360, which is based in San Francisco and plans to leverage this acquisition to grow its foothold in Chicago. Founded in 2015, Jiobit is one of the leading location-sharing platforms for families, with significant technology and expertise in battery-saving location-aware devices. Jiobit will continue to operate under its own brand and will be led by CEO and co-founder John Renaldi.
The Foley M&A team was led by Lisa Conmy (Picture) and partner Chris Rasmussen and included tax partner Tim Voigtman, senior counsel Trevor Currie and associate Zoe Uvin.
Involved fees earner: Lisa Conmy – Foley & Lardner LLP; Trevor Currie – Foley & Lardner LLP; Christopher Rasmussen – Foley & Lardner LLP; Zoe Uvin – Foley & Lardner LLP; Timothy Voigtman – Foley & Lardner LLP;
Law Firms: Foley & Lardner LLP;
Clients: Jio Inc.;