Sunrise, one of the most popular and productive calendar app for desktops, mobiles and tablets, has been reportedly acquired by Microsoft. TechCrunch reports that the Redmond giant has shelled out somewhere in the vicinity of $100 Million for the app.
Sunrise currently has a whole suite of calendar apps for desktops, mobiles and tablets. It is available for download on Play Store and App Store, along with the option for a web client.
Sunrise’s apps offer a host of third-party app support, including Google, Microsoft Exchange, iCloud and others
It is a known fact that in the post-Nadella era, Microsoft has been aggressively moving towards a complete reinvention. And that activity is bringing in good results too. Not so long ago, Microsoft, which had been termed as a ‘sleeping behemoth’ unable to adopt to new-age tech, reached a market cap which was second only to Exxon Mobile.
Start-up acquisitions is an inevitable part of that process, and hence, Microsoft has been on an acquisition spree for quite some time now. It acquired Accompli last year, and intelligently used its technology as back-end for the just released Outlook for iOS app.
As for Sunrise, Microsoft is planning to keep its apps alive as stand-alone products, while using some of its technology for its own product developments, similar to what it did with Accompli.
Sunrise was founded in 2012, and has since raised $8.2 million from numerous investors that include Balderton Capital, Resolute.vc, NextView Ventures, Lerer Ventures, SV Angel, BoxGroup, 500 Startups and others.
No official comment from Microsoft has come as of now, we’ll update the story once we receive a statement.
