Posted by: youngragingbull | April 11, 2013

LinkedIn acquires Pulse in $90M deal

LinkedIn Corp. on Thursday said it has acquired Pulse, a news reader and mobile content company, in a $90 million deal.

Pulse, which is owned by Alphonso Labs, has more than 30 million users and develops news reader apps for both Apple Inc.’s iOS and Google Inc.’s Android operating systems, LinkedIn said in a statement.

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