Quite often companies are being bought by bigger companies … mergers … but I’m certainly not going to write about that. I’m not into big business! What intrigues me though, as an «Internet-user», is when a company/startup/app is bought by a bigger company, and then they do nothing with it — they shut it down.
This started to bother me already back in 1997 or -98, when Disney bought my favourite chat server [WBS] and shut it down. WBS had millions of users.
Facebook bought FriendFeed. That, I could at least understand a bit, as I figure Facebook wanted their expertise or something like that.
Twitter bought Posterous and shut it down. That, I don’t understand. They [Twitter] must have paid lots of money for it, and I don’t get it, what they wanted it for, when they didn’t do anything with it. Posterous was a blogging platform …
DropBox bought MailBox, and I got an email the other day, telling me MailBox won’t exist anymore. I was never impressed by it anyway, so no big deal to me.
Facebook bought Instagram, but at least that’s still alive and kicking.
The only one I can say I do understand is Microsoft buying an email app called Acompli. They renamed it Outlook, and it’s even better than it was before. It’s my mail app of choice on the iPhone.
There are probably hundreds of examples like this, but these are the ones sticking out in my memory. They do that, because with my limited understanding of business deals, I keep wondering why?!