Anova Culinary

Last updated
Anova Culinary
Company type Subsidiary
Industry Home automation
Founded2013;13 years ago (2013)
Founders
  • Stephen Svajian
  • Jeff Wu
  • Natalie Vaughn
Headquarters,
U.S.
Key people
Stephen Svajian (CEO)
ProductsAnova Precision Cooker,
Number of employees
28 (2017)
Parent Independent (2013–2017) Electrolux (2017–present)
Website www.anovaculinary.com

Anova Culinary, officially known as Anova Applied Electronics, Inc., is a company headquartered in San Francisco that sells IoT-connected kitchen appliances designed for home cooking, such as sous-vide cookers, combination ovens, and vacuum sealers. In 2014, Anova introduced the Anova Precision Cooker, the first sous-vide cooking device with Bluetooth connectivity, followed by a Wi-Fi-enabled version in 2015.

Contents

On February 6, 2017, Anova was acquired by Electrolux, a home appliance company, for a total of US$250 million. This was the first multimillion-dollar purchase of a smart kitchen brand. [1]

Anova sous-vide cooker Sous-vide Stick WI-FI.jpg
Anova sous-vide cooker

History

Anova Culinary was founded in 2013 by Stephen Svajian, Jeff Wu, and Natalie Vaughn. The company originally manufactured temperature control products for scientific laboratories.

In 2010, Wu developed an initial proof of concept for an affordable home sous vide device [2] , which he called the Anova.

In 2013, Anova Culinary released the Anova One, [3] , an immersion circulator [2] [4] that could be attached to an existing pot to circulate water as it heated. [5]

The Anova Precision Cooker, released in 2014, was the first connected sous-vide device. [6] [7] The device's wand-like immersion circulator could be attached to a pot or container to cook food at specific times and temperatures, and users could control the device through the company's app on their mobile devices with Bluetooth. [8] [9] [10] [11]

Subsequent products included the Anova Precision Cooker Nano and the Anova Precision Oven, a countertop combi oven that supported both steam and convection cooking methods and could be used either alongside other Precision Cooker products or by itself. [12] [6] [13] [14] [15] [16]

The Anova Culinary App, available for Android and iOS devices, provides access to recipes and allows users to control temperature settings for multiple dishes using Anova products. [17]

Acquisitions

Get Fresh, Inc.

In 2015, Anova Culinary purchased marketing agency Get Fresh, Inc. for US$9.2 million. [18]

Electrolux

On February 6, 2017, Electrolux announced it agreed to acquire Anova Culinary for $250M USD, paying $115 million in cash up front and an additional $135 million for adjustments and achievement of certain financial objectives. [1] [19] Anova retained its brand identity and the leadership of its CEO Stephan Svajian. [20] The purchase was part of Electrolux's plans to move into the smart kitchen and home device market. [21] [20] [22] [23] On July 25, 2017, Anova announced a partnership with Field Company to release a limited batch of the Field cast iron skillet before it was publicly available. [24] [25]

References

  1. 1 2 "Electrolux to acquire fast-growing smart kitchen appliance company Anova". www.electroluxgroup.com. 6 February 2017. Retrieved 2017-07-22.
  2. 1 2 Biggs, John (10 September 2013). "Hands On With The Anova Automatic Sous Vide System | TechCrunch" . Retrieved 2017-07-30.
  3. Ray, Joe. "For Home Chefs on a Budget, Sous Vide Cooking Heats Up". WIRED. Retrieved 2017-07-30.
  4. Eats, Serious. "Equipment: We Test the $199 Sous Vide Circulator From Anova". www.seriouseats.com. Retrieved 2017-07-30.
  5. "Anova sous vide so easy to use". CNET. Retrieved 2017-07-30.
  6. 1 2 Gartenberg, Chaim (2017-02-06). "Sous vide Kickstarter success Anova gets bought for $250 million by Electrolux". The Verge. Retrieved 2017-07-22.
  7. "Anova Precision Cooker Reaches $1.3M Crowdfunding". Crowdfund Insider. 2014-05-27. Retrieved 2017-07-22.
  8. "Anova, maker of smart sous vide devices, gets acquired for $250 million". Digital Trends. 2017-02-06. Retrieved 2017-07-22.
  9. Morganstern, Adam. "Cook The Perfect Steak With Your IPhone: Anova Sous-Vide". Forbes. Retrieved 2017-07-22.
  10. "Once something you only saw on 'Top Chef,' sous vide hits shelves at Target, Best Buy". Digital Trends. 2016-06-09. Retrieved 2017-07-22.
  11. Manjoo, Farhad (2014-11-19). "Bringing Sous Vide to the Home Cook". The New York Times. ISSN   0362-4331 . Retrieved 2017-07-22.
  12. "Anova Precision Cooker Nano brings sous-vide to a sub-$100 budget - SlashGear". www.slashgear.com. 13 June 2017. Retrieved 2017-07-22.
  13. Daugherty, Trevor (2017-01-06). "Anova refreshes its line of sous vide cookers at CES 2017, provides more details on upcoming Precision Oven". 9to5Toys. Retrieved 2017-07-30.
  14. Wolf, Michael (2016-11-15). "2017 Is Going To Be A Year Of Crazy Innovation For The Oven". The Spoon. Retrieved 2017-07-30.
  15. "Electrolux buys sous vide machine maker Anova for $250 million". CNET. Retrieved 2017-07-26.
  16. Alston, Greg (2017-01-05). "Anova Announces Four Products to Expand Their Precision Cooking Line • GearDiary". GearDiary. Retrieved 2017-07-30.
  17. "Now Your Phone Can Cook Sous Vide". Brit + Co . Retrieved 2017-07-22.
  18. Ha, Anthony (18 August 2015). "Anova Acquires Hardware Marketing Startup Get Fresh For $9.2M | TechCrunch" . Retrieved 2017-07-22.
  19. "Electrolux buys Anova to tap into connected products growth". Reuters. Retrieved 2017-07-22.
  20. 1 2 Heater, Brian (6 February 2017). "Sous Vide startup Anova gets acquired by appliance giant Electrolux | TechCrunch" . Retrieved 2017-07-22.
  21. "Anova, maker of smart sous vide devices, gets acquired for $250 million". Digital Trends . Retrieved July 21, 2017.
  22. Ray, Joe. "These Reusable Silicone Bags Make for Killer Sous Vide". WIRED. Retrieved 2017-07-26.
  23. "stasher really cooking at the 2017 IHA Show with new products and new partnerships". www.businesswire.com (Press release). 17 March 2017. Retrieved 2017-07-26.
  24. "Get your sous vide machine and a Field Company skillet, all from Anova". Digital Trends. 2017-07-25. Retrieved 2017-07-30.
  25. "Field Company Cast Iron Skillet | World's Best Skillet | Anova Culinary". Anova Culinary. 2017-07-25. Retrieved 2017-07-30.