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Mozilla acquires read-it-later app Pocket

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CIOL Writers
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Mozilla has acquired Pocket, the startup that makes tools for saving articles and videos to view them later for an undisclosed sum.

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The Pocket code will become a part of the Mozilla open-source project, Mozilla chief business and legal officer Denelle Dixon-Thayer wrote in a blog post.

“Pocket will join Mozilla’s product portfolio as a new product line alongside the Firefox web browsers with a focus on promoting the discovery and accessibility of high quality web content. Pocket’s core team and technology will also accelerate Mozilla’s broader Context Graph initiative,” she wrote.

Interestingly, Pocket began life as a Firefox extension before eventually expanding its team and building a suite of apps for every major platform and has been Firefox’s default read-it-later service since 2015.

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Mozilla said Pocket, which it will operate as an independent subsidiary, would help bring the company to mobile devices, where it hasn't seen much success.

Also, Pocket won’t make any major changes to its product or business this year, Nate Weiner, founder and Chief Executive, said.

“We’ll be staying in our office, and our name will still be on the wall,” Nate Weiner,  wrote in his own blog post. “Our team isn’t changing and our existing roadmap has been reinforced and is clearer than ever. In fact, we have a few major updates up our sleeves that we are really excited to get into your hands in the coming months.”