The New Stuff

evernote

Evernote Acquires Penultimate


Evernote’s growth looks like it’s not going to slow down anytime soon. The company recently got $70 million in its last round of fundraising and now enjoys a $1 billion valuation. The hit productivity and memory platform is now hard at work building up its presence and its newest move is to acquire Penultimate.

Penultimate is an iPad handwriting app and it is now officially a part of Evernote. According to Evernote CEO Phil Libin and Penultimate CEO Ben Zotto, Evernote’s acquisition of Penultimate will benefit both companies. Penultimate will remain an independent app (which means it will be developed separately from Evernote) but at the same time it will also be integrated into Evernote, making it a native application.

Evernote has been interested in Penultimate ever since the app debuted two years ago. It took that much time for Penultimate to eventually go into the Evernote fold. According to Zotto, Penultimate will remain a separate app but will also become the gateway into the all the productivity powers of Evernote.

Evernote’s acquisition of Penultimate is part of what Libin describes as Evernote’s creative period – the stage in the company where it takes risks into development and experimentation. Even though Evernote has not released any kind of mergers and acquisitions list, the company is going to focus on certain key areas, among these are the improvement of collaboration, sharing, and group productivity. The company is also going to look into how it can further improve how Evernote will fit into the user’s business environment. Other areas Evernote says it will get into include international expansion and platform extension.

Recently Published

podcasts
»

Podcasts For Different Daily Activities: Picking a Routine

Once you get into the world of podcasts, you never really go back. ...

marketing your business online
»

How Are You Using The Internet To Market Your Business?

There are so many ways to market online, and most articles seem to ...

maxresdefault
»

Poki Has New Multiplayer Game That’s Topping the Charts

Barely a month old, Slither.io keeps its top spot in free iPad charts ...

e-learning
»

Emerging Trends in Online Graduate Programs

After the massive online open course model peaked a few years back, ...

research-keyboard
»

Best Online Resources for Researchers

Research work is not for everyone as it entails patience, analysis ...

medical-blog
»

3 Tips for Writing Better Medical Blogs

While writing comes naturally to some, most medical professionals who ...

videoconferencing
»

3 Ways to Use Video Chat Within Your Business

In your personal life, you probably use different forms of video ...

online-marketing
»

Three Tips For Getting The Most Out Of Online Marketing

Whether you just started a new business or you have one that’s ...

money-931423_960_720
»

4 Personal Finance Blogs Every Millennial Should Follow

Adults should be responsible for managing their finances, regardless ...