Microsoft has been shopping. And it has been specifically busy in buying off startups who have developed some really popular applications for their respective mobile platforms. Latest addition to that, is Double Labs, the startup behind popular Android lockscreen Echo.
The acquisition, which earlier came via a story on Business Insider was confirmed to Venture Beat by Microsoft. Financials involved in the deal haven’t been disclosed.
Double Labs, founded in 2013 by Yin Yin Wu and Xuwen Cao, hasn’t had a very large team. The startup’s most popular product till date, has been the hugely popular Android lockscreen named ‘Echo’. As per stats from Google Play Store, the app has downloads ranging between 1-5 Million.
Along with that, the lockscreen app has pretty favourable reviews, garnering a combined average rating of 4.2 based upon close to 51K reviews.
Interestingly, the duo behind Double Labs, Yin Yin and Xuwem, had earlier co-founded Prim — a failed Y-Combinator backed startup which did on-demand laundry services for customers.
As for Microsoft, this will be yet another acquisition in a series of deals which the Redmond giant has closed with popular app developers. It had earlier acquired calendar app Sunrise for a speculated $100 Million+ amount, email app Accompli (for bettering Outlook) and to-do-list app Wunderlist.
