Microsoft Corporation (MSFT) Continues Its Acquisition Spree With 18-Months Old Startup

Microsoft (MSFT)

Acompli is the latest addition to the Microsoft Corporation (NASDAQ:MSFT) group with its focus towards Android and iOS email system. The acquisition of Acompli and recent launches of cross-technology devices are certainly an indication of the Windows-company adapting to the current technologies.

Microsoft made official announcement on its blog quoting,

“In a world where more than half of email messages are first read on a mobile device, it’s essential to give people fantastic email experiences wherever they go. The Acompli team is passionate about this quest. Their app provides innovative ways to focus on what’s important in your inbox, to schedule meetings, and work with attachments and files.”

There is no official confirmation about the acquisition price of the company but Recode reported an amount of $200 million paid by Microsoft Corporation (NASDAQ:MSFT) for the email innovation company.

Microsoft (MSFT)

Javier Soltero, CEO of Acompli, said,

“Your app and accounts will continue to work and the team will continue on our fast pace of improving and adding new functionality every couple of weeks.”

While talking about the acquisition and further plans of the acquired company, Soltero said,

“Over the next few months, we’ll be sharing more about the exciting product plans we have as Acompli becomes a part of Microsoft. We remain committed to the original Acompli vision of making the best mobile email application on any platform and across all services. Your app and accounts will continue to work and the team will continue on our fast pace of improving and adding new functionality every couple of weeks.”

Acompli has received excellent reviews from different industry experts including a review from the Verge adding, “Acompli is the powerhouse email app for iPhone that Outlook users have been waiting for.”

The shares of Microsoft Corporation (NASDAQ:MSFT) are trading at $48.62 with current market capitalization of $393.5 billion.

This article has been written by Prakash Pandey.

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