Blockchain.info purchases Zeroblock in all Bitcoin transaction


Earlier this week, Zeroblock, the maker of a bitcoin related mobile application sold itself to Blockchain.info which operates a popular Bitcoin wallet. The transacation was essentially an all cash transaction but was conducted in all bitcoin. Exact terms were unavailable. The announcement was made on Christmas Eve. Zeroblock's app was the most viewed bitcoin app in the Apple (AAPL) App Store. Blockchain.info say that the acquisition of the app is part of their “very ambitious future goals in the bitcoin space.” Bitcoin has been one of the most searched words of 2013 according to Google & Wikipedia.

InvestCorrectly Staff
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