Tag Archives: kik interactive

Messaging platform Kik announced on Friday it was acquired by MediaLab, a holding company that has Whisper and a number of other apps under its wing.The mother company of Kik, Kik Interactive already said, and we reported that it would be closing its app down in October. However, last week, its CEO Ted Livingston said that a company had signed a letter of intent to purchase the app. Both companies kept their mouths shut when it comes to details of the sale.The blog post says:“We believe that...

Photo: Microsiervos / FlickrAt the end of September, we reported that a popular messaging app Kik made the world reel with the announcement about shutting down. At that time, Kik CEO Ted Livingston explained this decision with the company’s downturn position and the necessity to focus more on the development of its Kin (KIN) token. The company was also planning to cut down the number of its employees from over 100 people to a 19 person team. Besides, Kik has a legal battle against the U.S....