How Lego Metes Out Tech Innovation with a Laptop
A startup called Lego Technic, which provides laptop accessories for Lego fans, has found a new home in a tech company.
The company said Monday it signed a licensing deal with Silicon Valley-based startup Rosedale Technical College to supply laptop adapters for its devices.
The startup also plans to open an office in Palo Alto in 2018.
The new deal will include software, licensing and hardware support, the company said in a blog post.
The two companies will share technology in future projects, and Legos will be a part of the company’s new education and research initiatives, the blog post said.
Rosen said in an interview Monday that Legos, which was launched in 2017, are “one of the fastest growing businesses in the world,” as a result of their high-tech appeal and their appeal to young children.
He said that the company has received $5 million in funding and has raised about $15 million in capital.
“I don’t know if it’s a new company or a new product,” he said.
“We’ll figure out the answer to that very soon.”
Lego is the world’s largest toy maker, with nearly 30,000 products sold annually.
A spokesman for Legos did not immediately respond to a request for comment Monday.
The company has said that it is building a new campus in Cupertino, Calif., with more than a dozen buildings and offices.
It said the company was considering expanding its presence in the United States.