Thomson Reuters Buys Apsmart

Thomson Reuters has bought app developer Apsmart in order to reinvigorate its mobile offerings. Apsmart was founded in 2009 by DN Capital and Rahul Powar, who created the first Shazam app for the iPhone.

“This new team brings strong experience in end-to-end mobile development capabilities from user experience and design through to product realization and platform services,” says Bob  Schukai, global head of mobile technology at Thomson Reuters. “As we move forward, we will have a greater ability to develop foundational mobile capabilities that build significant brand value in our mobile product portfolio.”

Rahul Powar takes up the role of head of mobile application development at Thomson Reuters. He says: “The team at Apsmart is excited about the opportunity to apply our diverse mix of skills to the large Thomson Reuters customer base. We look forward to helping drive the strategy and creation of significant new experiences in mobile across the organization.”