eBay's PayPal acquires StackMob for mobile technology

PayPal said StackMob will help it develop new payment products

Ebay's PayPal division said on Tuesday it is acquiring StackMob, a company specializing in development tools for building mobile applications.

Terms of the deal were not announced. San Francisco-based StackMob, started in 2010, offers a custom API (application programming interface) that makes it easier for developers to connect mobile applications to backend platforms such as Salesforce and SAP.

StackMob offers a free basic service and more advanced subscription packages with service-level agreements, dedicated databases, API servers and support. The company's customers include Red Hat, Adobe Systems, Verizon and Urban Outfitters.

PayPal said StackMob will contribute to its development of new payment products as it seeks to diversify its payment processing by getting into retail stores.

Its "Beacon" technology uses a Bluetooth connection to let customers pay for goods without even opening the mobile application once customers have "checked in" to a store. In August, PayPal announced a chip and pin reader, which allows small businesses to securely accept credit and debit card payments.

Send news tips and comments to jeremy_kirk@idg.com. Follow me on Twitter: @jeremy_kirk

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags mobileMergers and acquisitionsbusiness issuesebaypaypalStackMob

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Jeremy Kirk

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?