Disclosure: This article may contain affiliate links. If you buy a product through an affiliate link, we may receive a commission at no cost to you.
Pellet grill company Traeger (NYSE: COOK) announced today that they acquired Apption Labs Limited, makers of the MEATER smart thermometer for $100 million. This strategic acquisition is a logical fit for the continued innovation of Traeger products. Their pellet grills rely on providing convenient grilling for consumers, so wireless smart thermometers show continued innovation in that area.