REUTERS – Wal-Mart Stores – or rather @WalmartLabs, the Silicon Valley-based e-commerce unit of the largest retailer – unveiled its latest acquisition on Wednesday.
Small Society develops apps for smart phones – something @WalmartLabs is very interested in. Wal-Mart did not disclose a purchase price, but the deal looks like a combination of an acquisition and the hiring of all or most of the start-up’s software developers.
The Portland, Oregon-based firm has developed apps for the Democratic National Committee, Starbucks and Zipcar.
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Jan 05, 12 09:48AM
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