Latest in Acquisition

Image credit:

Betaworks acquires Instapaper, promises continued development

Jon Fingas, @jonfingas
April 25, 2013
Share
Tweet
Share

Sponsored Links

If you're the sort who likes to catch up on web articles through a dedicated reader app, you're likely familiar with Instapaper and its lone creator, Marco Arment. His solo work makes for a cohesive experience and a great story, but it also involves a lot of strain -- enough so that Arment is selling majority control of the app to Betaworks, the owner of Bitly and Digg. Thankfully, this shouldn't represent a classic acquire-and-absorb deal that ultimately kills the original brand. Arment says he'll remain involved as an advisor, and the takeover is arranged with promises that Betaworks will add staff and continue building the read-it-later tool. While neither side has said just where they'll take Instapaper with more resources, there's a real chance that competitors like Pocket will feel some added pressure.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

The gadgets that refuse to die

The gadgets that refuse to die

View
WhatsApp imposes even stricter limits on message forwarding

WhatsApp imposes even stricter limits on message forwarding

View
Twitter bans deepfakes that are 'likely to cause harm'

Twitter bans deepfakes that are 'likely to cause harm'

View
The best games for PS4

The best games for PS4

View
NASCAR driver 'rage quits' esports race

NASCAR driver 'rage quits' esports race

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr