Announced
Financials
Sources
Tags
Canada
Single Bidder
Acquisition
messaging mobile app
Majority
Digital Services
Private
Friendly
Pending
Synopsis
MediaLab, a holding company that owns internet brands like Whisper, Datpiff and others, is set to acquire Kik messenger, a freeware instant messaging mobile app, from Kik Interactive. Financial terms were not disclosed. "Nine years ago Kik went live. Since then hundreds of millions of people have had billions of meaningful conversations. I am excited that our amazing users will continue to have a great home, and that Kik will continue to grow and evolve as a pillar of the Kin Ecosystem." Ted Livingston, Kik Founder.
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