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THE ALLSTATE CORPORATION

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Allstate : SquareTrade Extends Consumer Protection Offerings with iCracked Acquisition

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02/12/2019 | 12:31pm EST

NORTHBROOK, Ill., Feb. 12, 2019 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) has acquired iCracked, a provider of on-site, on-demand repair services for smartphones and tablets in North America. The privately held San Francisco-based company will join SquareTrade, an Allstate company that offers consumer protection plans and tech support.

Allstate logo. (PRNewsFoto/Allstate Insurance Company) (PRNewsFoto/)

ICracked operates in 60-plus metropolitan areas in the U.S. and Canada. "Today's consumers rely on connectivity to run their lives, and they can't afford to wait for device repairs," said Ahmed Khaishgi, President and co-founder of SquareTrade. "With our recent acquisition of PlumChoice, SquareTrade is uniquely positioned to protect the hardware and software that power our customers' connected devices."

"We are excited to join SquareTrade, a company that shares our commitment to delivering high-quality on-demand service to customers," said A.J. Forsythe, iCracked CEO.

Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.

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View original content to download multimedia:http://www.prnewswire.com/news-releases/squaretrade-extends-consumer-protection-offerings-with-icracked-acquisition-300794231.html

SOURCE The Allstate Corporation


© PRNewswire 2019
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