FutureTap nabs Where To, in first public acquisition of an iPhone application
updated
German application company FutureTap has made what it says is the first publicly known acquisition of an iPhone application: It has bought Where To, an app that lets you find points of interest around you using the GPS technology in your iPhone, for $70,000.
Update: Other iPhone apps have been purchased behind the scenes. For example, development house Tapulous bought the Twitter iPhone app Tweetsville from developer Ed Vaos earlier this year before he went back to… Continue Reading