Facebook buys digital publishing company
2011-08-03Facebook has bought a digital publishing company Push Pop Press that develops technology to help make interactive books optimised for iPad and other Apple devices.
Push Pop Press was co-founded by Mike Matas and Kimon Tsinteris - both former Apple employees. It had also teamed up with former US vice president Al Gore to create a digital version of his book "Our Choice".
"Although Facebook isn't planning to start publishing digital books, the ideas and technology behind Push Pop Press will be integrated with Facebook, giving people even richer ways to share their stories. With millions of people publishing to Facebook each day, we think it's going to be a great home for Push Pop Press," Push Pop Press said in a statement.
Financial terms of the deal were not disclosed by the two companies.
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