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Corelle Brands, owner of CorningWare and Pyrex, announced plans to merge with Instant Brands, creator of Instant Pot. The combined company will be run by Corelle's Ken Wilkes, with Instant's CEO Robert Wang becoming Chief Innovation Officer. The deal is expected to close in Q2 2019.
“The two hope to create a 'world-class' housewares company that covers food prep head-to-toe, whether it's the actual cooking or storing leftovers.”engadget.com
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