Exciting news out of Montreal this morning. Scheduling application Tungle has been acquired by Research in Motion. Tungle CEO Marc Gingras posted this note on Tungle's blog this morning:
You didn’t think you would be reading this this morning, did you? Yup. It’s official. The team at Tungle will now be sporting new BlackBerrys
Tungle has been acquired by Research In Motion (RIM).
We’re really excited about this. We know there isn’t an industry more exciting than the smartphone and tablet markets. And RIM is a dominant player in this space.
And they’re Canadian, eh?
This is exciting for you too as we expect the Tungle service to only get better. Our plan today is what it has always been – for Tungle to become integrated with your daily activities and be ubiquitous within the applications you’re already using. When you think scheduling, Tungle should be at your fingertips.
Tungle users include 40% of Fortune 1000 companies, people from over 150 countries worldwide, and professors, administrators and students from over 800 universities around the world.
Terms of the acquisition were not disclosed, but the entire Tungle team will be joining the ranks of RIM. Tungle had grown to a team of 23 headquartered in Montreal but with a research and development office strategically located close to RIM in Waterloo.
Tungle has raised $6.36 million in funding to date from by Commonwealth Capital Ventures, JLA Ventures and Desjardins Venture Capital.
Techvibes named Tungle CEO Marc Gingras to our Digital Media People to Watch in Quebec in 2011 list.