Tech
Generac Holdings plans to acquire smart thermostat startup Ecobee for $650M in cash and stock, plus up to $120M in additional stock if targets are hit (Charles Mandel/BetaKit)
Charles Mandel / BetaKit:
Generac Holdings plans to accumulate good thermostat startup Ecobee for $650M in money and inventory, plus as much as $120M in further inventory if targets are hit — Wisconsin-based Generac Holdings is buying good thermostat startup Ecobee for as much as $770 million, contingent on the achievement of sure efficiency targets.
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