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Monday, December 1, 2014

Microsoft acquires Acompli


Microsoft acquires Acompli

Acompli has announced that it has been acquired by Microsoft. The entire team and products which include Acompli for Android and Acompli for iOS, will become a part of Microsoft's vision for mobile productivity.

In a blog post announcing the move, Rajesh Jha, corporate VP of Outlook and Office 365, said the purchase is "part of a company-wide effort to help people accomplish more with their mobile devices."

Acompli is one of several startups with hopes of improving the email experience; others in the category include Sunrise, WeMail, Google's Inbox and Tipbit. Dropbox also purchased Mailbox, which was of the biggest players in its category, Mailbox, for a reported $100 million last year.

While the exact terms of the deal were not outlined by either party; reports suggest that Microsoft is paying around $200 million for Acompli, which had a total finding of about 7.3 million in a Series A round led by Redpoint Ventures.



source - Microsoft | Acompli
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