Multiple sources have confirmed that Fab is in talks to sell to PCH International for $15 million. Fab was once a Silicon Valley darling. The likely purchase price is a paltry one, compared to the $165 million it raised (at a $1 billion valuation) just over a year ago. Total raised – $336.3 Million in 11 Rounds from 34 Investors.
We kinda think PCH wants Fab.com (domain) because it could be the center of their PCH and Highway 1 efforts … and possibly using Fab for distribution of products made at/with PCH & Highway1?
Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.
Join us every Wednesday night at 8pm ET for Ask an Engineer!
Learn resistor values with Mho’s Resistance or get the best electronics calculator for engineers “Circuit Playground” – Adafruit’s Apps!
Maker Business — MakerBot’s technology of the future grapples with its rocky past
Wearables — Glue thoughts
Electronics — Check out this shorthand shortcut
Biohacking — Take a Tour of the Alcor Cryonics Facility
No comments yet.
Sorry, the comment form is closed at this time.