Andre Yoskowitz
11 Apr 2013 23:13
After months of rumors, it's official; LinkedIn has purchased popular newsreader app startup Pulse.
The sale price is reported to be $90 million, well above the initial rumors of $50 million last month.
Pulse, developed by Alphonso Labs, is available for iOS, Android and on desktops. The company says over 25 million people use Pulse to read their news, from 190 countries.
LinkedIn has been actively looking into ways to distribute content for users and Pulse is a highly-rated application.