Friday, March 22, 2013

German Language Learning Startup Babbel Buys Disrupt Finalist PlaySay To Target The U.S. Market

PlaySayThe world of language learning startups is going international. Today, Berlin-based Babbel, which creates online and mobile-based language learning courses, is buying PlaySay, a TC Disrupt finalist that focused on creating mobile apps that turned the process of learning languages into a game -- modelled somewhat loosely on the back-and-forth paired-play concept of "Draw Something." Financial terms of the deal were not disclosed, except to note that the acquisition was being made out of operational cashflow.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/aPLp7WKDrvY/

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