Asurion Acquires London Firm to Expand Connected-Home Market in Europe
What happened
Asurion completed its acquisition of Domestic & General, a London-based company. The transaction expands Asurion's connected-device and appliance support business across the United Kingdom, Europe, and the United States. Domestic & General previously generated more than £1 billion in annual revenue.
From infotechlead.com
Why it matters
The acquisition allows Asurion to expand its connected-home market share within the European market. Asurion is expanding its operations into Europe, building on its previous relationship with Abu Dhabi Investment Authority.
From infotechlead.com
Who's involved
- AsurionAcquirer expanding connected-device and appliance support business
- LondonLocation of the acquired company, Domestic & General
- EuropeMarket where Asurion is expanding its operations
- Abu Dhabi Investment AuthorityPrevious owner of Asurion
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- AsurionSpeculative
Asurion might increase its revenue and market share by expanding its connected-device support into Europe.