Following the close of its $70m Series D funding (read here), Evernote, the Mountain View-based provider of apps that allow individuals to capture, find and interact with their memories, has acquired Penultimate, a digital handwriting application for iPad.
The transaction, whose amount was not disclosed, will allow the company to expand its handwriting capabilities and make Penultimate available on more platforms and devices.
Created by Ben Zotto, Penultimate is designed to resemble a physical notebook and allows individuals to use a finger or stylus to take notes wherever they like. It is available for $0.99 from the iTunes App Store,
Commenting on the acquisition, Phil Libin, CEO of Evernote, said: “We have big plans for Penultimate that will both enhance the app and bring more capabilities into Evernote.
“It’s already the best handwriting app out there, and it’s only just getting started”.
FinSMEs
07/05/2012