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Purple Innovation Announces Acquisition Of Intellibed

Purple Innovation Announces Acquisition Of Intellibed

09/01/22, 3:07 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svglehi
Industry
manufacturing
e commerce
retail
fashion
Today, Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), the world's leader in Gel Grid technology mattresses, announced the acquisition of Intellibed, a leading sleep health and wellness company. The acquisition will naturally extend Purple's premium mattress range into the luxury category and harness the true power of Gel Grid technology under one brand.

Company Info

Company
Purple
Location
Lehi, Utah, United States
Company info
Purple is a digitally-native vertical brand with a mission to help people feel and live better through innovative comfort solutions. We design and manufacture a variety of innovative, premium, branded comfort products, including mattresses, pillows, cushions, frames, sheets and more. Our products are the result of over 30 years of innovation and investment in proprietary and patented comfort technologies and the development of our own manufacturing processes. Our proprietary gel technology, Hyper-Elastic Polymer®, underpins many of our comfort products and provides a range of benefits that differentiate our offerings from other competitors' products. We market and sell our products through our direct-to-consumer online channels, traditional retail partners, third-party online retailers and our owned retail showrooms. For more information on Purple, visit purple.com .

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