August 25, 2016 7:24 PM ET

Software

Company Overview of Flipboard, Inc.

Company Overview

Flipboard, Inc. develops Flipboard, an application that enables users to collect and share articles, videos, and photos from various sources and present them into digital magazine format. It offers its application on smartphone, tablet, or desktop platforms. The company also provides custom branded layout solutions to publishers. In addition, it offers native and display advertising services to advertisers. Flipboard, Inc. was founded in 2010 and is headquartered in Palo Alto, California with additional offices in New York, New York; and Beijing, China.

232 Homer Avenue

Palo Alto, CA 94301

United States

Founded in 2010

Phone:

650-323-6547

Key Executives for Flipboard, Inc.

Co-Founder and Chief Executive Officer
Head of Brand Design
Head of Marketing
Compensation as of Fiscal Year 2016.

Flipboard, Inc. Key Developments

Flipboard Sale Stalled

Flipboard, Inc. sale talks have been stalled due to the departure of several top executives. There are no active takeover discussions, according to Bloomberg, citing sources familiar with the plans but who asked not to be identified. Flipboard has been the subject of takeover talk by Apple Inc. (NasdaqGS:AAPL), Yahoo! Inc. (NasdaqGS:YHOO), Twitter, Inc. (NYSE:TWTR) and Alphabet Inc. (NasdaqGS:GOOGL).

Twitter Closer To Acquiring Flipboard

Twitter, Inc. (NYSE:TWTR) has reportedly considered a deal worth more than $1 billion to acquire Flipboard, Inc. and is supposedly getting closer to the deal. Reports about the deal, which would be Twitter's largest acquisition, also fueled speculation that Mike McCue, Flipboard's co-founder and a former Twitter board member, could become the Twitter Chief Executive Officer. Representatives for both Twitter and Flipboard declined to comment.

Google and Yahoo! Eyeing Flipboard

Google Inc. (NasdaqGS:GOOGL) and Yahoo! Inc. (NasdaqGS:YHOO) are reportedly is seeking acquisition of Flipboard, Inc. The companies have held discussions to acquire Flipboard in recent weeks, citing people familiar with the matter.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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