Google Inc said it has acquired Divide, a company whose software allows corporations to manage the personal smartphones that consumers increasingly use on the job. In a post on Divide's website on Monday, the company said it was joining Google's Android team. The post did not provide financial terms of the deal and a Google spokesman failed to comment on the terms.The deal could help Google, the world's No. 1 Internet search company, make further inroads into corporate settings. Google's Android mobile operating system is used in more than three out of every four smartphones sold worldwide.Divide's mobile app separates a consumer's personal data and the corporate data contained on a phone, making it easier for businesses to manage disparate personal devices that consumers increasingly use on the job. Divide will continue to offer its service to existing customers, the post said.The four-year-old, New York-based company had raised $25 million, with its most recent funding round led by Google's venture capital arm, Google Ventures.
Google Inc. (Google), is a global technology company. Shares of GOOG traded higher by 1.24% or $6.438/share to $527.07. In the past year, the shares have traded as low as $502.80 and as high as $604.83. On average, 2475440 shares of GOOG exchange hands on a given day and today's volume is recorded at 712485.
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