Google looking to acquire Boku mobile payment company?

Latest lap around the rumor mill suggests that Google and Apple are both eying the mobile payment developer Boku. According to TechCrunch, Boku is in high level talks with both mobile giants for either base integration or outright acquisition. The same rumors suggest the company could go for about $250 million.

Boku has already shown its face in the Android Market for in-app purchase. The company is adding more paid markets and the upcoming PayPal integration.

[via intomobile]

  • Greg

    BOKU has a big problem, which is that it is not in control of its destiny. The company does own its payment processing platform and has established direct relationships with merchants, but its carrier partners – T-Mobile, AT&T, etc. – own the customer relationships and can dictate the terms of service, including the pricing. The way I see it, the start-up will not be able to remain an independent company. So BOKU’s best possible exit strategy is to make itself attractive to as many potential buyers as it possibly can and try to trigger a bidding war among them.