Google acquires LabPixies (web/mobile apps)

Companies in Relationship

Google, LabPixies

Deal Facts

Initial Announcement Date: 4/10

Consideration: $25 million in cash (Sources:TechCrunch; TheMarker)

Google Israel Ltd. acquired LabPixies for $25 million. LabPixies publishes web and mobile applications such as personalized gadgets including calendars, to do lists, news feeds, games, and entertainment. The company was one of the first gadget creators for iGoogle in 2005. LabPixies specializes in cloud-based applications development and enables developers to create applications for iGoogle users. LabPixies will be joining the iGoogle team and operate in Google Israelís Research and Development Center.

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