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October 09, 2015 12:29 PM ET


Company Overview of Flipboard, Inc.

Company Overview

Flipboard, Inc. develops a digital personal magazine that collects content on users’ favorite topics. The company offers Flipboard, an application that enables users to keep their topics, news, and events they care about; collect stories, images, and videos into their own magazines; share their magazines to reflect their interests and express their perspectives; or collect things they want to read later. Its application is available on smartphone, tablet, or desktop platforms. The company was founded in 2010 and is based in Palo Alto, California. It has additional offices in New York, New York; and Beijing, China.

214 Homer Avenue

Palo Alto, CA 94301

United States

Founded in 2010

Key Executives for Flipboard, Inc.

Co-Founder and Chief Executive Officer
Head of Brand Design
Chief Technology Officer
Head of Marketing
Compensation as of Fiscal Year 2015.

Flipboard, Inc. Key Developments

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.

Twitter Reportedly Mulls Acquisition Of Flipboard

Twitter, Inc. (NYSE:TWTR) reportedly is seeking acquisition of Flipboard, Inc. Twitter has been engaged in an ongoing series of talks to acquire Flipboard, according to multiple sources with knowledge of the situation, in an all-stock deal that would value the company at over $1 billion. Those discussions, which have been pushed by Twitter Chief Financial Officer Anthony Noto, have been taking place since the beginning of the year, said sources. Sources said these talks between Twitter and Flipboard seem to be currently stalled. Representatives for both Twitter and Flipboard declined to comment.

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