peter, obtained a ba from colby college and an ma from middlebury college. he also attended at harvard business school and received an mba degree in 1985. 1992, peter co-founded keurig, inc., a beverage brewing system for home and commercial use. peter and sylvan developed a new kind of coffee maker for the company, which was well-received by customers. according to "boston.com", "one out of every four home coffee makers sold in the united states was a keurig". in 1997, peter left the company and decided to keep his stakes. in 2014, keurig, inc. was acquired by "jab holding company" for nearly $14 billion.