Home > Uncategorized > Google, Facebook acquiring companies focussing Apple

Google, Facebook acquiring companies focussing Apple

Google and Facebook as agreed to acquire foreign companies that focus on Apple’s ecosystem.

Google purchased Paris-based Sparrow (http://sparrowmailapp.com/), which makes an email client for Mac desktops and the iPhone.

And Facebook has “acquired” the team behind Acrylic, a Vancouver app-design studio that created the Pulp news reader and Wallet personal-information storage apps for Mac and iOS devices.

Dom Leca, CEO, Sparrow, on the first page of the website writes “Now we’re joining the Gmail team to accomplish a bigger vision — one that we think we can better achieve with Google.” “The Sparrow team has always put their users first by focusing on building a seamlessly simple and intuitive interface for their email client. We look forward to bringing them aboard the Gmail team, where they’ll be working on new projects,” a Google spokeswoman said in an emailed statement.

In a blog post in the http://blog.acrylicapps.com/, Dustin MacDonald of Acrylic Software writes “I’m happy to announce today that we’ve packed up our small Vancouver studio and will be making the move to San Francisco in the coming weeks to join the design team at Facebook.” “For the past four years, we’ve worked tirelessly on creating truly awesome products with a focus on innovation and great design, and I’m incredibly proud of the work we’ve been able to accomplish during that time. … Building these products has been a fun and exciting ride, but the time has come to move on to newer and bigger challenges,” MacDonald wrote.

Acquisition prices were not disclosed, though tech blog The Verge reported that Google paid less than $25 million for Sparrow.

Both moves are focused on bringing engineering talent to the Silicon Valley giants, with mobile-engineering talent currently at a premium.

Following the move, Google stock experienced a sharp increase Friday, though it was more likely attributable to the company’s strong quarterly earnings report released after Thursday’s trading session. Google shares increased 3 percent and closed higher than $600 for the first time since late May, at $610.82. Facebook stock fell slightly amid an overall downward trend on Wall Street, closing with a loss of 0.8 percent at $28.76.

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