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Tag : Acquisition

What’s With the App Arms Race?

Facebook’s $2B purchase of Oculus VR last week made huge waves in the media, but that acquisition pales in comparison to their whopping $19B purchase of WhatsApp in February. By contrast, Instagram’s $1B pricetag seems like pocket change. App and app-creator shopping sprees have been making headlines lately, since Facebook  is by no means the only one waving plastic at the mobile industry. Google just gobbled up Bitspin (the startup behind Timely, a popular clock alarm app), after acquiring Bump […]