image : CloudMagic

Andy Rubin led Essential Products has acquired CloudMagic, the e-mail startup behind the now shuttered Newton Mail software known for its cross-platform abilities, searching capabilities and user interface considered by some as the best e-mail client available.

“We are always on the lookout for companies with great technology and talent to help accelerate our product roadmap.” an Essential spokesperson said in a statement confirming the acquisition.

image : CloudMagic

Newton Mail launched to widespread positive reviews and reached up to 40,000 paid subscribers and over 4 million total users prior to being shuttered this September.

CloudMagic will likely integrate Newton’s technology into Essential’s ecosystem which makes sense as the company looks to other areas to bolster its reach after hitting obstacles stemming from low sales of its
PH-1 smartphone.

This counts as the first known acquisition for Essential backed by $330 million funding from investors including Repoint, Tencent, Amazon and Rubin’s Playground Global.

Share this...

Facebook

Pinterest

Twitter

Linkedin

Whatsapp

Email

Print