Mozilla Is Acquiring The Popular Read-It-Later Service Pocket


How many times have we found a good read but did not have time? The answer is many and that's where Pocket comes to hand. Pocket has been one of the most popular read-it-later services that allows us to save articles on the go and check up on later. However, some major changes are happening on the backend as Mozilla is acquiring the immensely popular service. Let's see some more details on the subject.

Mozilla Acquired Pocket, The Popluar Read-It-Later Service?

As we have mentioned earlier, the changes are happening behind the scene as reported by Recode. Pocket confirmed that it will continue to work as a standalone platform, but would remain as a subsidiary of Mozilla. At this point in time, the final details of purchase are not available. There's no news of the amount at which Mozilla acquired Pocket at this point, but we will update you guys as soon as we hear more details. Mozilla confirmed the Pocket acquisition in a blogpost.

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“Mozilla is growing, experimenting more, and doubling down on our mission to keep the internet healthy, as a global public resource that’s open and accessible to all. As our first strategic acquisition, Pocket contributes to our strategy by growing our mobile presence and providing people everywhere with powerful tools to discover and access high quality web content, on their terms, independent of platform or content silo.

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 will keep possession of its team of 25 people and Nate Weiner will run the platform under the shade of Mozilla. The service currently has more than 10 million monthly active users and offers its services for free. However, there are premium options available as well. The service was initially known as Read It Later and was found in 2007.

If you're  unfamiliar with it, the platform is available for the iPhone, iPad and the Mac, so do check it out if you haven't already. At this point, Pocket has served millions of users around the globe, allowing them to save articles which can be viewed later on. Let's see if the company has any plans to integrate Pocket in its browser.

This is it for now, folks. What are your thoughts on the acquisition? Do you use Pocket to save articles for later viewing? Share your thoughts in the comments.