Thomson Reuters has acquired Apsmart, a London-based mobile platform and product development firm that was majority owned by DN Capital. Terms of the agreement were not disclosed. The Apsmart acquisition will improve Thomson Reuters ability to provide customers with mobile solutions that drive a competitive differentiation in the marketplace.
Mobile is an increasingly significant way in which professionals work and consume information. The acquisition of Apsmart will enhance Thomson Reuters mobile product creation, design and development, allowing the company to deliver even more expert-enriched content, news and solutions through the interfaces that professionals want on the mobile devices they use.
Founded in 2009 by DN Capital and Rahul Powar, creator of the first Shazam iPhone application, Apsmart is at the cutting edge of mobile build and design. The team is well known for creating connected, data-driven applications for iOS and Android devices.
“This new team brings strong experience in end–to–end mobile development capabilities from user experience and design through to product realization and platform services,” said Robert Schukai, global head of mobile technology at Thomson Reuters. “As we move forward, we will have a greater ability to develop foundational mobile capabilities that build significant brand value in our mobile product portfolio.”
“The team at Apsmart is excited about the opportunity to apply our diverse mix of skills to the large Thomson Reuters customer base. We look forward to helping drive the strategy and creation of significant new experiences in mobile across the organization,” said Rahul Powar, new head of mobile application development at Thomson Reuters.
The addition of the Apsmart team will build upon the success of the advanced suite of Thomson Reuters mobile offerings which include Thomson Reuters WestlawNext and Thomson Reuters ProView eReader.
USA, New York, NY & UK, London
- Thomson Reuters sells its Healthcare business to Veritas for $1.25bn Posted on April 23, 2012
- Thomson Reuters full year and fourth quarter results Posted on February 10, 2012
- Thomson Reuters acquires precious metals consultancy GFMS Posted on August 5, 2011
- Thomson Reuters has completed its acquisition of Manatron Posted on July 19, 2011
- Thomson Reuters to sell its healthcare division Posted on June 22, 2011
- Thomson Reuters acquires CorpSmart from Deloitte Posted on June 22, 2011
- Thomson Reuters is to acquire Manatron, a property tax automation and land registry software business June 3, 2011
- Thomson Reuters acquires Mastersaf Posted on May 19, 2011
- Thomson Reuters acquires World-Check Posted on May 19, 2011
- Thomson Reuter to sell its Enterprise Risk and Portia businesses Posted on April 29, 2011
- GMT Communications Partners acquires the Scandinavian Legal and Tax & Accounting Businesses of Thomson Reuters Posted on April 7, 2011
- Thomson Reuters acquires LRP Publications’ Public Employment Group and Bankruptcy/Banking Products Group. Posted on January 13, 2011
- Thomson Reuters Acquires Pangea3 Posted on November 19, 2010
- Thomson Reuters acquires Highline Financial Posted on November 2, 2010
- Thomson Reuters acquires Healthcare Data Management Posted on September 1, 2010
- Thomson Reuters has acquired Brazil Publishing House Revista dos Tribunais Posted June 8, 2010
- Thomson Reuters has acquired UAE legislation Library from Affinitext for $10 million Posted on June 8, 2010
- Thomson Reuters to Acquire Complinet Posted on June 3, 2010
- Thomson Reuters acquires Point Carbon Posted on May 27, 2010
- Thomson Reuters acquires Discovery Logic Posted on January 5, 2010
- Thomson Reuters Completes Acquisition of Breakingviews Posted on December 3, 2009
- Thomson Reuters to Acquire Sabrix Posted on November 17, 2009