Breaking: Google Buys Bump

GOOGLE

GOOGLEGoogle has acquired Bump — a super-popular sharing app for iOS and Android. The announcement was made today on the company’s official blog. Bump, founded in 2008, lets users share information by bumping phones together. It came into existence even before NFC technology, and quickly proved insanely popular. The app has been downloaded over 100 million times to date. The terms of the deal are not yet known, but AllThingsD reports that the deal was valued at at least $30 million. The suggestion is that Google will likely be integrating the technology into future versions of Android.

Read more on The4Cast.

Get Briefed Every Day!

Subscribe to my daily newsletter featuring current events and the top stories in technology, media, and marketing.

Subscribe