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Google acquires mobile startup Bump for $30 million

Google buys Bump Technology for a reported $30 million, we could see deep integration into Android 5.0.

@CharlesJGantt
Published Mon, Sep 16 2013 8:27 PM CDT   |   Updated Tue, Nov 3 2020 12:20 PM CST

Today, the tech startup Bump announced that it has been acquired by Google in what industry analysts say is a deal worth between $30 million and $60 million. Bump was the first app that allowed users to "bump" their iPhones together to automagically transfer files from one phone to the other.

Google acquires mobile startup Bump for $30 million | TweakTown.com

The original app has been downloaded over 100 million times. In the years, the company has expanded to feature a group photo sharing app called Flock. While the price tag of $30 million seems to be a home run for the company, it had already raised about $20 million from backers including Sequoia Capital, making the deal not so sweet.

"Bump and Flock will continue to work as they always have for now," Bump CEO David Lieb wrote in a blog post today. With the company now being owned by Google, it leaves many industry insiders to believe that we will see deep integration of Bump's IP into Android 5.0

"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," said a Google representative. Google declined to comment further on where it will integrate the Bump team at Google.

NEWS SOURCE:allthingsd.com

A web developer by day, Charles comes to TweakTown after a short break from the Tech Journalism world. Formerly the Editor in Chief at TheBestCaseScenario, he now writes Maker and DIY content. Charles is a self proclaimed Maker of Things and is a major supporter of the Maker movement. In his free time, Charles likes to build just about anything, with past projects ranging from custom PC cooling control systems to 3D printers. Other expensive addictions include Photography, Astronomy and Home Automation.

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