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. [Read more…]