The Netherlands-based WeTransfer has acquired the team, patent/IP and trademark portfolio, and all assets for the popular 'Paper' and 'Paste' apps from New York and Seattle-based FiftyThree for an undisclosed sum.
Founded in 2009, WeTransfer boasts 42 million monthly users, who are able to send and share large files of all types around the world with ease. But, clearly, it wants to be more than just a file-sharing service.
Gordon Willoughby, WeTransfer’s CEO commented on the acquisition thusly:
“As WeTransfer continues to expand we remain committed to serving the creative community and providing products that enhance and improve their workflow. This acquisition expands WeTransfer’s family of obvious creative tools, both on mobile and the web.
FiftyThree’s products are beautiful and easy-to-use, and as a business they share a sense of ethics and transparency that resonate with our core values. We have a great fit with the highly talented FiftyThree team, and we look forward to further building on the multiple synergies between our products.”
Aside from the teams behind the apps, FiftyThree’s founders Georg Petschnigg and Andrew Allen will join WeTransfer to further develop the latter's suite of creative tools.
This is WeTransfer’s first acquisition of an US-based company, and follows the opening of a Los Angeles office in 2016.