Connovate Technology, makers of the Gecko bluetooth tags, has been acquired by Hong Kong-based consumer electronics company Binatone for an undisclosed amount, reports The Economic Times. Following this deal, the two year-old Bangalore-based company will merge with Binatone’s subsidiary Hubble Connected and will also get access to the 1500 stores in United States and 1000 in Europe that Binatone has a presence in. The report also mentions that Gecko will be bundled with home, pet and baby monitoring solutions that Binatone sells under Motorola’s brand. Last year, in November Connovate had raised $135,410 through the crowfunding platform Indiegogo. At the time it had also received pre-orders for 7500 devices, mostly from the US, the UK and Germany, including 500 from India. Gecko allows people to control and spot various objects around them using a smartphone. Besides tracking, the device can…
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