The software giant Microsoft has confirmed acquiring the eighteen month old mobile e-mail app startup Acompli. Though both the parties involved in the deal are tight-lipped about the amount of the deal, inside sources suggest that Bill Gates owned company has shelled out $200 million in cash for the purpose.
“In a world where more than half of e-mail messages are first read on a mobile device, it’s essential to give people fantastic e-mail experiences wherever they go,” Jha said. “The Acompli team is passionate about this quest.” Jha mentioned that the acquisition was a part of their company-wide effort to help people accomplish more with their mobile devices.
Acompli CEO Javier Soltero also said in a blog post on his company’s Web site that, shortly after its launch, Acompli began discussions with Microsoft to explore ways to integrate its app with Microsoft’s Office 365 platform.
“Those conversations led to today, where we have decided the opportunity to join forces in pursuit of a better, faster, more powerful e-mail experience is something we can do better as one company,” Soltero wrote.
While integrating with Office 365, Acompli has continued to support Microsoft-competing e-mail and file services from Apple, Dropbox, Google and Box. That support will keep being provided even now that Acompli is officially part of the Microsoft ecosystem.
Acompli is a San Francisco based startup which had raised $7.3 million in February 2014, with Redpoint Ventures being the leading investors. This all-in-one productivity app by them is compatible with both iOS and Android powered devices. It is a free app available for download at both iTunes and the Google Play Store, enabling users to access multiple e-mail accounts and services, defer e-mails and “triage” inbox messages to give the most important e-mails highest priority. Besides that, it also has a calendar for e-mail-integrated meeting scheduling.
Redpoint partner Satish Dharmaraj called Microsoft’s acquisition of Acompli “bittersweet,” and added that his firm was “thankful for the amazing ROI that they delivered us.” He said it was a “no-brainer for us to fund” the company, started by Soltero along with Kevin Henrikson and J.J. Zhuang.
After coming under the Microsoft umbrella, Acompli will continue to function as an independent group building out email products for both iOS and Android users besides working within the Office 365 organization.