Google Buys Impermium

Impermium is a cyber security startup based company in Redwood City, California, which provides anti-spam and account protection services for internet web sites. Mark Risher, Vishwanath Ramarao, and Naveen Jamal, who met while managing the Anti-spam systems for Yahoo Mail, founded the company in 2010. The startup is a security firm that builds products for websites that deals with cyber security.

Impermium had earlier received $9 Million in funding from a host of venture firms including Accel partners, AOL ventures, Charles River Ventures, and Highland Capital Partners. The company says it has 300,000 clients, including CNN, Tumblr, Pinterest, ESPN, Typepad, and Washington Post. This is Google third acquisition at the start of the year with previous deals including smart thermostat maker, Nest and developer of Timely Alarm Clock, Bitspin.

Google was last seen purchasing smart phone startup Nest for $3.2 Billion, the amount which Google had paying completely in cash. The company is best known for its products like Nest Learning Thermostat and Protect Smoke detector. Facebook had recently purchased its very first Indian Startup, Little Eye Labs. The company officially announced it had been taken over earlier this month. Little Eye Labs essentially creates tools to help mobile app developers to optimize their products performance. Whether for the technology or the talent the interest of big Internet giants in Indian startups is great news for the local startup community.

Yahoo buys Startup Bookpad

Acquisition of Indian software product startups by Facebook, Google, and Yahoo over recent months is the tipping points for Indian Entrepreneurs. Bangalore based Bookpad become the first Indian Tech Startup to be bought by Yahoo. The US Internet giant who is in line to reap about $9.5 Billion from Alibaba IPO has bought the firm in a deal worth around Rs 50cr. Yahoo has so far bought 100 companies.

Bookpad is competing with large companies like Google and Crocodoc in document viewing. It allows users to create and edit files from within their apps. It supports all popular documents formats and works on desktops as well as mobile devices. It runs on HTML 5. With this acquisition, we can expect Yahoo to bring Google Docs like features in its Yahoo Mail service so that users can edit and share documents. This means when you receive documents in the mail, you can open, edit, save documents on the cloud.

Yahoo bought seventeen companies after Marissa Mayer took over as CEO. Bookpad was originally named as Docspad, where users can create spreadsheets, slideshows, from the web and save them on cloud or in their mail. In January, Facebook also acquired Bangalore based Little Eye Labs. It became the first Indian Firm to be acquired by Facebook. According to some news, Walmart, Target, Microsoft, Thomson Reuters, and Goldman Sachs are among also looking for suitable matches.

Several global bodies are engaging with industry bodies like Nasscom and iSpirt to reach the right startups. According to a report, Google senior Vice President Sundar Pichai attended a roundtable organised by Nasscom, where he might with eight startups companies of his interest. Nasscom is also looking to organize the same roundtable for Microsoft CEO Satya Nadella, who is set to visit India this month. A year before, US companies were not looking towards Indian companies but now most of them are looking towards Indian start-ups to grow their business.