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barrystyle

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barrystyle

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Monday, 07/07/2014 8:22:48 AM

Monday, July 07, 2014 8:22:48 AM

Post# of 133793
Awesome article... shows potential of this business.

http://upstart.bizjournals.com/companies/innovation/2014/07/06/from-coinstar-to-outerwall-redbox-parent-keeps.html

Coinstar acquired Redbox in 2009, and now is named Outerwall. The DVD market is still growing, but they are looking to diversify. Outerwall has a $1.2 billion market cap. I know Signifi isn't this big, but it shows there is money to be made in this industry.

"But Outerwall added a potential game-changer by purchasing San Diego startup ecoATM for $350 million. EcoATM kiosks enable consumers to recycle their old smart phones, tablets and MP3 players for cash."

$350 million! for a start up company, that makes kiosks!!!
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