'Visionary' start-up sells for millions
One of Wellington's most promising software start-ups, Aptimize, has been bought out by a multibillion-dollar United States competitor in a deal likely to be worth tens of millions of dollars.
More than 20 of the city's technology investors are among those who will share the spoils.
Companies Office records show Aptimize, which took out the Cyber Gold prize at the Gold Awards this year, secretly changed hands on Thursday and is now wholly-owned by Californian company Riverbed Technology, which is valued at US$6.1 billion on the New York Stock Exchange.
Read full article via NZ Herald