Google purchases startup popular for its Android performance for USD23 million
According to a report by Techcrunch, Google Inc had acquired French startup FlexyCore for an undisclosed amount. However, an earlier report by French news outfit L'Expansion said Google coughed out USD23 million for the acquisition. Flexycore is known for its Android performance booster technology DroidBooster.
DroidBooster is a five year-old technology that had been boosting speed and battery life of Android devices. The Flexycore had claimed its technology could increase ARM-based device performance at up to ten times. The technology, as FlexyCore said, was aimed to bridge the gap of high-tech and low-tech devices.
Google confirmed its purchase of the French startup. The startup team had already been boarded to Google's Android team. With the acquisition wrapping up this October, negotiations regarding the consolidation had been running for a year.
Flexycore had been backed by its original investor and state-backed Emergys. The startup had raised EUR1.5 million prior to entering an acquisition agreement with Google.