I wouldn’t read too much into this beyond a typical aqui-hire of a distressed startup. June raised $22.5M series A funding in 2016 and haven’t sold anything tangible in the last 5 years. Investors were probably looking to recoup as much $ as possible before the company goes under. Also, the SmokeFire electronics/software release was a big black eye for June. Hopefully their future smart appliance development goes smoother than the SmokeFire.