Groupon Buys Mobile Development Firm

Social commerce website Groupon has announced it has acquired mob.ly, a mobile development firm led by former Yahoo Senior Director of Product Management Mihir Shah and Yishai Lerner, former Director of Engineering at Carrier IQ.

Groupon did not release financial terms of the deal.

In addition, Groupon is opening an office in Silicon Valley to gain better access to the Bay Area’s technology talent, with a focus on Groupon’s mobile and business intelligence practices.

The move by Groupon signals its push to boost its mobile offerings.

By Mike Sachoff

Mike is a staff writer for WebProNews. Visit WebProNews for the latest ebusiness news.

Leave a comment