July 18,2007
app4mac.com announced today that it has signed a definitive agreement to acquire the Magrathea source code. Magrathea is joining the app4mac products line. We have put a quick Q&A below about the acquisition.
Background
Q: What is Magrathea?
A: Magrathea is the ultimate geotagging solution for Mac. It allows you to easily tag your photos and home videos with the location where they were taken. Using high resolution satellite maps, easy to use search tools, and a simple, integrated interface, Magrathea makes it easy and fun to manage and present your media.
Q: Why did app4mac acquire Magrathea?
A: app4mac acquired Magrathea because this product fit into app4mac's strategy to deliver innovative products for Mac users.
Q. What are the terms of the acquisition? How much did app4mac pay?
A. The terms of the acquisition are confidential and the deal is officially closed.
Q: What are app4mac's plans for Magrathea?
A: app4mac will continue to support all existing users, there are no specific product plans to discuss at this time
but a new version of Magrathea (with a new name) will be available in few weeks.
Q: how to be informed about the new product?
A: just send an email to support@app4mac.com with Magrathea as the subject and you will receive a notification
when a new version of Magrathea will be available.
About app4mac
app4mac is a market-leading Mac software developer team. We are committed to delivering powerful and innovative
software to our customers at competitive prices and also some high quality freewares. The company was created
in 2001 by two twin brothers with the goal of providing innovative applications for Mac OS X.
We at app4mac think it is the most advanced operating system in the world and the easiest to use.
We have a great pleasure to build products for it and we are committed to creating quality software
that will make the Mac even more user-friendly.
