Toronto's Pushlife acquired by Google for $25 Million(techvibes.com)
techvibes.com
Toronto's Pushlife acquired by Google for $25 Million
http://www.techvibes.com/blog/torontos-pushlife-acquired-by-google-2011-04-08
8 comments
Such a simple, low budget video, but it really shows the care and work ethic the company has. That's exactly what any company I want to be part of would have.
"helps Mobile Operators defend against disintermediation while increasing ARPU by providing users an unparalleled mobile entertainment experience driving significantly increased content purchases."
Clear enough :)
Clear enough :)
They're shutting down the service, so this was obviously a talent acquisition. This is fantastic for Ray and the Toronto scene in general.
Even better, they'll be working at Google Canada, so the talent will not be lost to the US and hopefully the money will recirculate in the Canadian economy.
To an extent, this is also endemic of Canadian startups in general... witness Radian6's recent acquisition by Salesforce.com. We're just not turning out big, global, multi-billion-dollar businesses like RIM or (formerly) Nortel. Hopefully some of this newfound money will go back into funding new startups that can make the leap.
Even better, they'll be working at Google Canada, so the talent will not be lost to the US and hopefully the money will recirculate in the Canadian economy.
To an extent, this is also endemic of Canadian startups in general... witness Radian6's recent acquisition by Salesforce.com. We're just not turning out big, global, multi-billion-dollar businesses like RIM or (formerly) Nortel. Hopefully some of this newfound money will go back into funding new startups that can make the leap.
Do you know how big the team is? I'm curious how much talent $25M buys.
There were 30 people there in September 2010.
Do you know how many were engineers/designers?
I'm told Toronto has the highest concentration of mobile developers in North America (or the world). I don't know the source for this claim, but it seems plausible.
[deleted]
A huge congrats to Ray and his team! As a fellow Torontonian I was so happy to hear this great news!
Congrats to the team!
Congrats to the team, in any case!