Google acquires data sharing app Bump
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It seems as if Google is continuing their shopping spree. Bump has just announced that they have been acquired by Google, the exact price is still unknown but sources say it is probably somewhere between $30-60 million.
For those unfamiliar with Bump it is an app that allows people to interact and share information with each other simply by bumping their phones together. As an avid user of Bump I must say the app works rather well.
Bump was originally founded in 2008 and quickly became one of the must have iPhone apps, mainly due to the novelty of the app. The company had over 60 million downloads in 2011, however they really never generated any real money from the app, furthermore with the introduction of AirDrop in iOS 7 many users feared the need for Bump would be minimized.
On the company blog, Bump CEO and founder David Lieb announced that his company was joining Google. He immediately added that the app would continue to function as usual until further notice.
You can read the full blog post below:
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