The Street reports on Tinder’s acquisition of Humin. Read an excerpt of their coverage below:
Dating app Tinder on Tuesday swiped right on San Francisco contact app maker Humin to tap the target’s management and software expertise.
Neither West Hollywood, Calif.-based Tinder nor Humin released a price in the acquisition but Tinder said it would take on most of Humin’s employees and keep its northern California office.
“We’re excited to leverage their experience and [intellectual property] to accelerate our product roadmap along with some other exciting projects we have in the works,” said Tinder founder and CEO Sean Rad in a statement.
Read the rest of the article at The Street.