Mozilla — best known for the Firefox browser has announced on its blog that it has completed the acquisition of Read It Later, Inc — the developers behind the very popular read-later service Pocket. Mozilla says that this acquisition helps them in “growing [their] mobile presence and providing people everywhere with powerful tools to discover and access high quality web content, on their terms, independent of platform or content silo.”
On the Pocket blog, founder Nate Weiner writes:
Pocket will continue on as a wholly-owned, independent subsidiary of Mozilla Corporation. We’ll be staying in our office, and our name will still be on the wall. Our team isn’t changing and our existing roadmap has been reinforced and is clearer than ever. In fact, we have a few major updates up our sleeves that we are really excited to get into your hands in the coming months.
How does Mozilla fit into this equation? They’re adding fuel to our rocketship. We have worked closely with Mozilla as we partnered with their Firefox team, and established a deep trust with their team and vision. They have extraordinary resources, global scale, and reach to put Pocket in more places, and help us build an even better product, faster.
This follows the acquisition of Instapaper by Pinterest from Betaworks in 2016, which had acquired it from Instaper’s creator Marco Arment in 2013.