Thomson Reuters Buys Mobile Developer, Apsmart

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­Thomson Reuters has acquired UK based mobile platform developer, Apsmart for an undisclosed amount. The company said that the acquisition of Apsmart will enhance its mobile product creation, design and development.

Apsmart was founded in 2009 by DN Capital and Rahul Powar, creator of the first Shazam iPhone application. The team is well known for creating connected, data-driven applications for iOS and Android devices.

"This new team brings strong experience in end-to-end mobile development capabilities from user experience and design through to product realization and platform services," said Robert Schukai, global head of mobile technology at Thomson Reuters. "As we move forward, we will have a greater ability to develop foundational mobile capabilities that build significant brand value in our mobile product portfolio."

The addition of the Apsmart team will build upon the suite of Thomson Reuters mobile offerings which include Thomson Reuters WestlawNext and Thomson Reuters ProView eReader.

Terms of the agreement were not disclosed.

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