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December 3, 2013 05:55 pm GMT
Intel's acquisition spree continues apace, with the latest being made to augment one of its other recent acquisitions. It is buying Hacker League, a popular platform for managing hackathons, which will be incorporated with the API management company Mashery (acquired April 2013). The terms of Hacker League deal are not being disclosed but we understand it is for a sum significantly smaller than the $180 million Intel reportedly paid for Mashery. Only the platform, IP and other assets are coming over to Intel; the three co-founders Mike Swift, Abe Stanway, and Ian Jennings, who are all in their early 20s, are not.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3V34T-FS6r8/
Intel Makes Another Acquisition: Hacker League, A Platform For Hackathons, Is Now A Part Of Mashery
Intel's acquisition spree continues apace, with the latest being made to augment one of its other recent acquisitions. It is buying Hacker League, a popular platform for managing hackathons, which will be incorporated with the API management company Mashery (acquired April 2013). The terms of Hacker League deal are not being disclosed but we understand it is for a sum significantly smaller than the $180 million Intel reportedly paid for Mashery. Only the platform, IP and other assets are coming over to Intel; the three co-founders Mike Swift, Abe Stanway, and Ian Jennings, who are all in their early 20s, are not.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3V34T-FS6r8/
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