Google Buys File-Sharing App Bump

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Popular content-sharing app Bump has been been acquired by Google (NASDAQ: GOOGL  ) . The purchase price was not disclosed in the announcement or after an inquiry to Google.

Google noted, "The Bump team has demonstrated a strong ability to quickly build and develop products that users love, and we think they'll be a great fit at Google." And CEO and co-founder David Lieb added, "We couldn't be more thrilled to join Google, a company that shares our belief that the application of computing to difficult problems can fundamentally change the way that we interact with one another and the world."

Bump allows users to seamlessly share data like pictures and contacts by simply bringing two devices close together and touching them. It also allows users the ability to share between Apple's iOS and Google's Android operating systems and between phones and computers.

In 2011, Bump Technologies reportedly raised $16.5 million in venture capital investments in addition to the $3 million it received in 2009. It was backed by well-known firms such as Andreessen Horowitz and Sequoia Capital.

Lieb also stressed that both Google and Bump will continue to operate as they always have.


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DocumentId: 2640359, ~/Articles/ArticleHandler.aspx, 9/1/2016 2:14:18 AM

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