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Acquisition
in Hot Topics - 21 Jul, 2012
by Sarah - no comments

Startup company Sparrow, a successful developer of an iOS mail client of the same name, has been acquired by Google.   Sparrow was reportedly acquired for under $25 million without a bidding war, though the exact amount and terms of the deal are not disclosed.   The provider of a desktop-based email software that has […]

in Hot Topics - 18 Jul, 2012
by Sarah - no comments

Paypal has acquired startup company card.io, which is known for developing mobile technology for credit card payment.   The startup’s technology facilitates the scanning of credit card information by a smartphone’s apps or camera. This convenient device helps users save the time it takes to key in the digits on their card. Card.io is instrumental […]

in Tech Knowledge - 01 Mar, 2012
by Tech Journalist - no comments

An agreement between two companies where one company is purchased or acquired by the other company and ceases to operate as an independent entity

in Hot Topics - 24 Feb, 2012
by Tech Journalist - no comments

                With over 500,000 apps, the App Store is very crowded and app discovery is difficult, this is why Apple has bought the app search and discovery platform Chomp. Chomp had raised over $2.5 million over two rounds of funding.they’ve grown their to include not only iPhone apps, […]