Google Acquires BumpTop and Invests In Corduro
Google Inc. (NASDAQ:GOOG) has had a big week in terms of investments and acquisitions. The search engine company acquired BumpTop, a startup company that designs software for creating a 3D interface for the desktop.
It is uncertain what Google plans to do with desktop, but you could assume it may have something to do with the Chrome OS.
Google is also investing in a mobile payments startup company called Corduro through their VC arm Google Ventures. Corduro appears to be developing a mobile payments platform for small companies. This concept appears to be in direct competition with Square, a company that was started by Twitter chairman Jack Dorsey.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry