Wink was created by Quirky, which blew through $185M of VC cash then declared bankruptcy two years ago. The Wink product alone got bought for just $15M by Flextronics. Wink itself is not exactly a big valuable money maker; they sell (or give away) a cheap hub but have to support a 24/7/365 web service to power it indefinitely in exchange for those few dollars.
Wink was created by Quirky, which blew through $185M of VC cash then declared bankruptcy two years ago. The Wink product alone got bought for just $15M by Flextronics. Wink itself is not exactly a big valuable money maker; they sell (or give away) a cheap hub but have to support a 24/7/365 web service to power it indefinitely in exchange for those few dollars.