An Austin-based company that started in farmer’s markets and became a Shark Tank investment is being acquired by New York-based PepsiCo for $1.95 billion. PepsiCo announced the purchase of poppi, a prebiotic soda founded by husband and wife duo Stephen and Allison Ellsworth.

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

PepsiCo is dropping another couple billion on an Austin-based food brand just a few months after finalizing the $1.2 billion purchase of Hispanic snack brand Siete Foods. The company announced plans to buy popular prebiotic soda brand Poppi for $1.