PepsiCo, announced today that it has entered into a definitive agreement to acquire Poppi, an Austin-based prebiotic soda brand, for $1.95 billion.

Allison Ellsworth, the co-founder of Austin, Texas-based Poppi, said the combination with PepsiCo will expand Poppi’s reach. ...

An Austin-based start-up that started in farmer’s markets and became a Shark Tank investment is being acquired by New York-based PepsiCo for $1.95 billion.

Austin is a hub for music, tech — and a proving ground for businesses, some of which have expanded to have a national reach.

If the reported buyout for Austin's big prebiotic soda maker pans out, it would be even bigger than Pepsico's recent $1.2 billion purchase of Siete Foods. Editor's note: PepsiCo has confirmed its ...

AUSTIN, Texas — PepsiCo is adding another Austin-based brand to its portfolio. The company announced Monday it's acquiring the popular prebiotic soda brand Poppi for $1.95 billion, giving ...

PepsiCo said Monday it’s acquiring the prebiotic soda brand Poppi for $1.95 billion. The acquisition gives PepsiCo a fast-growing brand in the popular functional beverage category. “More than ...

PepsiCo Inc. is buying Austin-based Poppi for $1.95 billion, expanding its “better-for-you” offerings amid declining demand for its traditional beverages and snacks. The acquisition announced ...

PepsiCo announced on Monday that it will acquire a prebiotic soda brand called Poppi, which was founded by a family in Austin ...