2012/06/19

Llustre becomes uk.fab.com

Fab launched in June 2011 and to celebrate it's first birthday it is now launching uk.fab.com with the acquisition of Llustre. Fab has grown to over 5m people in 20 countries and has relationships with over 5,000 designers. Sales of items ranged from $1 to $20,000 and it has sold over 1.8m products. Llustre started life in October 2011 and launched in April 2012 and has grown rapidly to become a destination site for interior design flash sales in the UK and has already gained more than 500 design partners. Maria Molland (ex Thomson Reuters) will take on the role of Chief European Officer, while Tracy Doree (CoFounder of Llustre) will work for Maria as Managing Director of Fab UK and head of UK Merchandising and Vivianne Bearman (C-Founder Llustre) will lead the UK Product & Operations. Fab and Llustre have both grown phenomenally and the combined company can only do better.

2012/06/18

Motorola buys Psion

Motorola Solutions (the bit of Motorola that wasn't acquired by Google that was the remnant after selling the other bits to Nokia Siemens Networks in 2011) has purchased Psion the UK handheld terminal manufacturer. Psion originally made organisers and designed Symbian (which was sold to Nokia) and have recently moved into the ruggedised terminal market. Motorola Solutions specialises in industrial-grade devices and business verticals, as well as public-safety networks in the United States and other markets so purchase should complement their existing services.