Groupon, the ready-to-IPO daily deals juggernaut, has announced its acquisition of Obtiva, a Chicago-based Ruby on Rails software development firm.
The talent-motivated deal will bring many of Obtiva’s team members on board as in-house Groupon engineers.
“We’ve been working side-by-side with our Obtiva colleagues since way back in 2009, when Groupon had a handful of engineers,” Groupon’s director of communications Julie Mossler writes of the company’s most recent buy. “We decided to stop living in sin and tie the knot.”
Obtiva, a six-year-old company, announced the nuptials via Twitter and its website. “While we aren’t accepting new business at the moment, we will continue to service existing clients,” the company says.
“Obtiva has given invaluable support over the past few years and owned key pieces of Groupon development work,” Mossler adds in statement to Mashable. “We’re excited to boost our Chicago-based engineering talent with a team that has already proven themselves.”
Terms of the acquisition have not been disclosed.
Image courtesy of Flickr, Groupon
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Posted on Thu, 04 Aug 2011 21:01:55 +0000 at http://feeds.mashable.com/~r/Mashable/~3/gzt3d1UDcnE/
Comments: http://mashable.com/2011/08/04/groupon-buys-obtiva/#comments
The talent-motivated deal will bring many of Obtiva’s team members on board as in-house Groupon engineers.
“We’ve been working side-by-side with our Obtiva colleagues since way back in 2009, when Groupon had a handful of engineers,” Groupon’s director of communications Julie Mossler writes of the company’s most recent buy. “We decided to stop living in sin and tie the knot.”
Obtiva, a six-year-old company, announced the nuptials via Twitter and its website. “While we aren’t accepting new business at the moment, we will continue to service existing clients,” the company says.
“Obtiva has given invaluable support over the past few years and owned key pieces of Groupon development work,” Mossler adds in statement to Mashable. “We’re excited to boost our Chicago-based engineering talent with a team that has already proven themselves.”
Terms of the acquisition have not been disclosed.
Image courtesy of Flickr, Groupon
More About: acquisition, groupon, obtiva, Ruby on RailsFor more Dev & Design coverage:Follow Mashable Dev & Design on TwitterBecome a Fan on FacebookSubscribe to the Dev & Design channelDownload our free apps for Android, Mac, iPhone and iPad
Posted on Thu, 04 Aug 2011 21:01:55 +0000 at http://feeds.mashable.com/~r/Mashable/~3/gzt3d1UDcnE/
Comments: http://mashable.com/2011/08/04/groupon-buys-obtiva/#comments