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Article Date: September 2024
Word Count: 154

Giant Acquires Stages out of Bankruptcy


The Taiwanese bike maker has acquired the maker of smart bikes, power meters and cycle computers for $20 million via its subsidiary Spia Cycling Inc., as it enters the commercial fitness market. Stages entered into a prepetition asset purchase agreement with Spia in June, with the latter acquiring key assets, including IP for its power meter and indoor bike businesses under the Giant/SPIA umbrella, manufacturing facilities, product lines, ... Log in to view full article.

 


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