Microsoft Buys 8-Month Old Email Startup Acompli For More Than $200M
Microsoft's quest to support all platforms with its software continues to be more evident with its latest acquisition of Acompli - a mobile email app startup. The Acompli team of around two dozen will be joining Microsoft as a part of $200 million+ deal.
According to Techcrunch, it was an all-cash deal. The deal also includes Acompli's technology, which will be incorporated into Microsoft's own efforts.
"18 months ago we started building a team and a product around the idea that we could make mobile email better," reads an Acompli blog post announcing the news. "Today that journey continues as part of a larger organization with the technology, talent, and market reach that will help us take the vision of Acompli to hundreds of millions of mobile users across the world."
Interestingly, there are no plans to terminate support for competing email services in the Acompli app. As of now, the app supports Gmail and Google apps, Exchange, iCloud and Yahoo.
At Microsoft, Acompli will work within the Office 365 organization. It would also function as an independent group building out email products for iOS and Android.
"We're excited about what's possible as we build on the app's success and bring it together with work currently in progress by the Outlook team. Our goal is to deliver fantastic cross-platform apps that support the variety of email services people use today and help them accomplish more," wrote Rajesh Jha, Corporate Vice President, Outlook and Office 365, in a blog post announcing the deal.
