Google Acquires File Sharing Service Bump
Google has acquired contact and file sharing service Bump.
In a blog on his company's website, Bump CEO and cofounder David Lieb said his company was "thrilled" to be joining Google.
Lieb said Bump and Flock, the company's social photo sharing app, will continue to work as they always have for now.
Bump started out as an app that allowed users to "bump" phones together to trade contacts in lieu of handing out hardcopy business cards. The service has since evolved into a file transfer solution. Users can now bump files between any number of devices, including PCs and smarpthones.
Since its inception, Bump has raised about $20 million in funding. The New York Times is reporting that Google paid $40 million for Bump but neither company publically disclosed financial details of the deal.