updated 01:23 pm EDT, Mon September 16, 2013
Bump, Flock apps to remain active for the immediate future
Bump, the contact and content-sharing app for iOS and Android triggered by bumping smartphones into each other, has been acquired by Google. The company, founded in 2008, will now become integrated into Google's existing teams, though the Bump app itself and a group photo sharing app called Flock will continue to operate for the moment.
Bump allowed for local communication between smartphones by the app recognizing other devices that "bumped" at the same time in its local area, with data being transferred by whatever connections were available to it. Though its usefulness has effectively been replicated with NFC, Bump could trigger on smartphones without it, and has been downloaded over 100 million times. A later app for photo sharing from the same team, Flock, pooled together photographs taken by members from a group from different devices into a single shared album. Bump Pay, another iOS app it launched early last year, took advantage of Bump's technology to offer money transfers between PayPal accounts.
Though the acquisition price is unknown, it is believed by All Things D that Bump sold for at least $30 million and as much as $60 million. It previously raised approximately $20 million from backers, with a report's sources suggesting Bump "was not a home run" compared to other successful investments.
"We strive to create experiences that feel like magic, enabled behind the scene with innovations in math, data processing, and algorithms," said CEO and cofounder David Lieb in a blog post. "We couldn't be more thrilled to join Google."