Core Viewpoint - Clarus Corporation has completed the sale of PIEPS and JetForce avalanche pack intellectual property for €7.8 million (approximately $9.1 million), indicating a strategic move to simplify its business and strengthen its balance sheet [1][2]. Company Overview - Clarus Corporation is headquartered in Salt Lake City, Utah, and is a global leader in designing and developing equipment and lifestyle products for outdoor enthusiasts [2]. - The company aims to provide safe, simple, effective, and aesthetically pleasing products to enhance outdoor experiences, with a focus on continuous product innovation [2]. Strategic Focus - The divestiture of PIEPS is part of a broader strategy to rationalize product categories and focus on long-term growth opportunities [2].