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Microsoft acquires MileIQ app developer

Microsoft scoops up developer of driving miles tracker app for undisclosed sum
By: Sean Ridgeley | Business, Financial & Legal News | Posted: Nov 5, 2015 5:24 pm

Microsoft has been on an acquisition spree the past few years and isn't showing signs of stopping anytime soon. Today it scoops up Mobile Data Labs, creators of the Android and iOS app MileIQ, which helps you track your driving miles on the job for deduction or reimbursement purposes.

 

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Corporate Vice President of Outlook and Office 365 Rajesh Jha says Microsoft is "thrilled to welcome Mobile Data Labs to the Microsoft family to work on new ways to improve the productivity to millions more mobile professionals."

 

Meanwhile, Mobile Data Labs CEO Chuck Dietrich comments, "We [...] want to thank Microsoft for their belief in our vision, product and team, and their support in accelerating and expanding our mission. We are all thrilled to join you and extremely excited about the journey ahead."

 

Financial details on the acquisition were not disclosed.

NEWS SOURCES:Blogs.microsoft.com, Mileiq.com

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