Wednesday, February 1, 2012

Synacor Files For IPO, Acquires HTML5 Cloud OS Carbyn For $1.1M

Synacor Carbyn IPOOnline content, portal and comprehensive front-end technology solution Synacor filed its amended S-1 today for an IPO looking to raise $75 million. The filing revealed that this month Synacor acquired Carbyn, an HTML5 operating system that lets users put their files, applications and more in the cloud and access them from any device. It paid $1.1 million total for the company, ?$600,000 up front with $500,000 deliver in April 2013, and it hired 7 Carbyn employees.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/MF5BFtYb-XY/

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