Printed from http://www.electronista.com

Report: LinkedIn to buy Pulse newsreader app

updated 09:07 pm EDT, Mon March 11, 2013

Terms of deal not disclosed, expected to be between $50 and $100M

According to sources familiar with the matter, professional networking service LinkedIn will buy the newsreader app Pulse. A report on AllThingsD said the price of the acquisition fell between $50 and $100 million. The buy is thought to be used as part of a larger initiative into content development and distribution.

The acquisition is LinkedIn's fourth in six months, including business card digitizer CardMunch, contact manager Rapportive, and presentation hosting company SlideShare. The Pulse newsreader won the Apple Design Award, was named one of Time's top 50 apps in 2011, and boasts 20 million current users.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

VisionTek 128GB USB Pocket SSD

USB flash drives dealt the death blow to both the floppy and Zip drives. While still faster than either of the old removable media, sp ...

Kodak PixPro SL10 Smart Lens Camera

Smartphone imagery still widely varies. Large Megapixel counts don't make for a good image, and the optics in some devices are lacking ...

Epson WorkForce DS-40 scanner

In this day and age, there's a significant amount of pressure to go paperless, and downsize the amount of things that one collects ove ...

Sponsor

toggle

Most Commented

 
toggle

Popular News