الاثنين، 7 مايو 2012
Evernote Buys Penultimate. Next Stop: Enhanced Digital Handwriting
Hot on the heels of its $70 million round, Evernote�is�making quick use of the new funds: today it announced that it has bought Penultimate, a digital handwriting app designed for the iPad. Financial terms of the deal were not disclosed, but we understand that it is a cash-and-stock deal "to acquire the whole company and get Ben [Zotto, the founder] on board." While many acquisitions of this kind often lead to the original app getting shut down, that doesn't appear to be the case here: Evernote says that it will extend Penultimate to become available on "more platforms and devices," while at the same time using Penultimate's technology to enhance handwriting functions on its own app.