Pinterest has acquired Instapaper, both companies have confirmed.
Pinterest did not disclose the terms of the acquisition but the company said Instapaper will continue as a standalone app. Instapaper’s team, including CEO Brian Donohue, will join Pinterest where they will work on both Instapaper and Pinterest products.
“Instapaper will work with us to continue building indexing and recommendations technologies, and we look forward to building great products together,” Pinterest’s lead project manager Steve Davis said in a statement. Read more…
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