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Life360 Life360 To Acquire Tile , Creating The World Leader in Finding and Location Solutions November 23 , 2021 SAN FRANCISCO , Nov. 22 , 2021 / PRNewswire / -- Life360 , the leading family safety platform , today announced that it plans to acquire Tile , the pioneer in finding technology , creating the world leader in finding and location solutions . The deal , which will provide families and individuals across all life stages with a comprehensive cross - platform solution that enables location - based finding of people , pets and things , is valued at $ 205 million and is expected to close in the first quarter of 2022. Tile will continue to operate with its own brand identity under the leadership of Tile CEO CJ Prober , who will also join the Life360 Board of Directors . The Tile team is expected to remain in place . Life360 " Life360 is on a mission to simplify safety so families can live fully . With the acquisition of Tile , we will now be able to provide a unique and all - encompassing solution for finding the people , pets and things that families care about most , " said Chris Hulls , Co - Founder and Chief Executive Office of Life360 . " This acquisition marks a key step forward towards Life360 achieving its vision of being the world's leading platform for safety and location services . We are thrilled to welcome Tile to the Life 360 family . " " This is a great day for Tile , our customers , and our employees , " said CJ Prober , CEO of Tile . " This acquisition not only brings together two incredible teams with complementary missions and values , it paves the way for us to jointly build the world's leading solutions for peace of mind and safety . This is the next step in our journey , and I could not be more excited to continue leading our incredible team and to join the Life360 Board . " Combining the finding power of Life360 and Tile will result in : • A complete family safety experience for consumers - The acquisition will create the only vertically integrated , cross- platform solution of scale that enables families and individuals to live life fully , by keeping the things they care about safe and connected . The combined service will bring together world class software and finding capabilities for people , pets and things in a unified platform . Individuals and families will be able to tap into Life360's flagship mobile app , a market leading app for families with features that range from communications to driving safety and location sharing . Additionally , people