Extended-Warranty Business Gets $238 Million in Funding

SquareTrade Inc., which sells warranties for electronics products directly to consumers over the Web, said it is raising $238 million from affiliates of the private-equity firm Bain Capital LLC.

Samsung’s Galaxy S II Beats the iPhone 4S — At Least When You Drop Them

Forget comparing features, just drop them from shoulder height and see which survives. That was the approach taken by SquareTrade and yes, we’ve got video!
Screen Shot 2011-10-17 at 12.23.24 PM

Look What Happens When You Drop an iPad 2

Apple’s Smart Cover is a nifty feat of technology, allowing the device to turn on and off just by lifting up its paneled edge. But just how well does it protect the tablet in a fall? The folks at SquareTrade wanted to find out, so they dropped a few of the new iPads–and then shared the video with AllThingsD.
Screen shot 2011-05-22 at 8.31.52 PM

Wii Fails Less Than Xbox, But "Red Rings of Death" Abate

Nintendo’s Wii has outsold rival game consoles. Now a new study says it also outlasts them. The study by SquareTrade, an independent provider of warranties on electronics, estimates that 2.7 percent of Wiis fail during the first two years of ownership, compared with a 10 percent failure rate over that period for Sony’s PlayStation 3 and a 23.7 percent failure rate for Microsoft’s Xbox 360.