Pulse News reader acquired by LinkedIn for $90 Million

LinkedIn acquires Pulse

LinkedIn, the world’s biggest online professional-networking service has acquired Pulse, a startup Pulse, a Newsreader and mobile content distribution. It had costed LinkedIn $90 million, and they would pay 90 percent in stock and 10 percent in cash for the application, which is owned by Alphonso Labs Inc, according to Bloomberg. Pulse was started in 2010, as a class project, which rose to top in the iTunes store few years back. Continue reading “Pulse News reader acquired by LinkedIn for $90 Million”