Friday, November 30, 2012

Google picks up delivery locker startup BufferBox, expanding its shopping plans

BufferBox

Google has once again demonstrated its interest in online shopping and delivery with its purchase of Canadian startup BufferBox today. The two-year-old, Waterloo-based company provides locker storage service very similar to Amazon Locker, allowing customers to have products shipped and stored in a unit at universities and other central locations. Sources tell TechCrunch that Google paid over $17 million for the company.


Niether BufferBox nor Google revealed much about what the acquisition will lead to, but an engineering director at Google said BufferBox's ten person team, branding, and services would continue to function for "the foreseeable future," according to the Financial Post . Google, of course, has greater aspirations than...


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via The Verge - All Posts http://www.theverge.com/2012/11/30/3713050/google-bufferbox-acquisition-delivery-lockers

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