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After slightly more than 18 months in existence, Newton mobile accessories company ID8 Mobile LLC has been acquired by Chinese microacoustics company AAC Technologies for an undisclosed amount.
Stuart Nixdorff, CEO of ID8 Mobile, is now the president of AAC ID8 Accessories, according to a release. Nixdorff led an executive buyout of Bluetooth mobile technology maker Newton Peripherals LLC in April 2010 from its parent company Manifold Products. He had been serving as CEO of Newton Peripherals prior to the buyout that created ID8 Mobile.
ID-8, like Newton Peripherals before it, makes and sells the MoGo line of Bluetooth-connected products for mobile devices, including headsets and mice. Its claim to fame is the XD headset, which fits into a custom-made case for either the iPhone 4 or iPhone 3G and 3GS models.
In November 2010, ID8 Mobile took in $875,000 of a planned $2 million equity funding round — the only funding round it filed with the U.S. Securities and Exchange Commission in its short independent life.
Newton Peripherals in January 2010 took in $400,000 in debt financing, adding to the approximately $7 million the company had raised since it was spun out of Manifold in 2003. Manifold has also spun off an energy management device maker, OutSmart Power Systems Inc., and invisible loudspeaker maker Emo Labs Inc.
Based in Shenzen, China, AAC said in the release that it would be establishing innovation centers in the Boston area and Shanghai.
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