Pepsi is buying Poppi, the prebiotic soda sued last year for alleged deceitful marketing. PepsiCo announced on Monday that it has entered into an agreement to purchase Poppi for $1.95 billion,

Multinational giant PepsiCo has acquired Poppi, a brand of prebiotic "healthy" sodas that are part of the growing functional beverage market.

Global beverage giant Pepsi is adding another brand to its portfolio. On Monday, Pepsi announced it will acquire the probiotic soda company Poppi in a $1.95 billion deal, according to the Associated Press.