HappyFunCorp, a company that develops products for companies like Apple, Disney, Amazon, and Twitter, is announced being purchased by Canadian company, Tiny, in a $30 million deal.
Ben Schippers, co-founder and co-CEO while confirming the deal in a release on Monday said that HappyFunCorp is being acquired with a mix of shares and cash and will continue to operate independently out of Brooklyn, New York.
With a current market cap of almost $500 million, Tiny is a publicly traded company with its headquarters in Canada.
According to the release, WeCommerce, a provider of e-commerce technology, Dribbble, a website where designers can showcase their work and find new clients, and Flow, a task and project management tool, are other acquisitions in the Tiny stable.
Andrew Wilkinson, a co-founder of Tiny and MetaLab, a business that designs user interfaces, is also a co-founder of Tiny.
Since its founding in 2009, HappyFunCorp has amassed a very impressive clientele of household names.
The businesses collaborate behind the scenes with some of the most well-known names in technology along with HappyFunCorp.
