Android development platform Teknision bought by VC-backed Synacor
Ottawa, Ontario-based Teknision Inc, creator of an android customization development platform, has been bought by Synacor Inc, a Buffalo, New York-based provider of solutions for the delivery of online content and services. The acquisition price was not disclosed. Founded in 2001, Teknision raised funds on Kickstarter in 2012, while Synacor has secured over US$54 million in venture capital financing since 1999. Synacor's current backers include Intel Capital, Mitsui Ventures, North Atlantic Capital and Walden International.
6 November 2013•4 mins read
