Posts Tagged: acquired

SoundCloud may be acquired by Spotify

According to a new report by the Financial Times, Spotify is in the process of trying to acquire competing streaming music service SoundCloud. The idea of the services being in competition is only through their presence in the same market though as Spotify is the largest such company with over 40 million customers while SoundCloud’s […]

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Wunderlist developer, 6Wunderkinder, acquired by Microsoft

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Microsoft’s strategy to support multiple platforms with various services continues today with the acquisition of 6Wunderkinder, the developer responsible for to-do list app Wunderlist. Microsoft had to spend somewhere between $ 100 million and $ 200 million in order to successfully acquire Wunderlist and its developer.

As part of the deal, the developer’s offices located in Berlin will continue to be called home. The 6Wunderkinder team, however, will be reporting back to the folks in Microsoft’s headquarters in the United States.

The company has completed acquisitions of three productivity services since the end of 2014. To build up Outlook for mobile devices, Microsoft spent around $ 200 million for Acompli. Sunrise Calendar was then absorbed by Microsoft for $ 100 million in February. And now it has Wunderlist to act as the go-to to-do list for users.

Select Microsoft apps and services are already pre-installed on a myriad of Android phones and tablets.

Source: The Wall Street Journal

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