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BtoB

Google acquires Bump mobile app company

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Menlo Park, Calif.—Google Inc. has acquired mobile app maker Bump Technologies. Financial terms of the deal were not disclosed, but The New York Times reported that Google paid about $40 million for the company. The company's apps include Bump, a means for exchanging pictures, contacts or other files with other phones by bumping them together. Another company app is Flock, which allows people to create shared photo albums. Although the Bump app has been available for mobile devices running both Google's Android and Apple Inc.'s iOS operating systems, the acquisition is seen as a way for Google to better compete with Apple's new AirDrop iOS 7 feature, which wirelessly shares content with other iOS users.
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