{"id":33027,"date":"2021-07-05T16:04:49","date_gmt":"2021-07-05T20:04:49","guid":{"rendered":"https:\/\/mjtsai.com\/blog\/?p=33027"},"modified":"2021-07-13T12:04:22","modified_gmt":"2021-07-13T16:04:22","slug":"pdfpen-acquired-for-6-million","status":"publish","type":"post","link":"https:\/\/mjtsai.com\/blog\/2021\/07\/05\/pdfpen-acquired-for-6-million\/","title":{"rendered":"PDFpen Acquired for $6 Million"},"content":{"rendered":"<p><a href=\"https:\/\/www.gonitro.com\/blog\/2021\/06\/nitro-pdfpen-pdf-productivity-for-mac-ipad-iphone\/\">Sam Chandler<\/a>:<\/p>\n<blockquote cite=\"https:\/\/www.gonitro.com\/blog\/2021\/06\/nitro-pdfpen-pdf-productivity-for-mac-ipad-iphone\/\"><p>Today, I&rsquo;m excited to announce Nitro&rsquo;s acquisition of <a href=\"https:\/\/pdfpen.com\/pdfpen\/\">PDFpen<\/a>, the much-loved suite of PDF productivity apps for Mac, iPad and iPhone developed by Smile, Inc.<\/p><p>[&#8230;]<\/p><p>With the <a href=\"https:\/\/www.asx.com.au\/asxpdf\/20210628\/pdf\/44xqznzqkkw2nf.pdf\">acquisition of PDFpen<\/a>, we have found the perfect complement and addition to extend the Nitro Productivity Platform to even more customers and users. The PDFpen team has deep roots in developing intuitive, easy-to-use and highly popular apps for Mac, iPad and iPhone users, and we&rsquo;re thrilled to be adding their expertise to expand Nitro&rsquo;s core capabilities across those platforms. And, we&rsquo;re just as excited to welcome the phenomenal PDFpen team to the Nitro family. Together, we share common values, an intense focus on the customer and a relentless passion to transform how the world works with documents.<\/p><\/blockquote>\n\n<p><a href=\"https:\/\/pdfpen.com\/blog\/entry\/nitro-pdfpen-extending-pdf-productivity-to-mac-ipad-and-iphone\/\">Smile<\/a>:<\/p>\n<blockquote cite=\"https:\/\/pdfpen.com\/blog\/entry\/nitro-pdfpen-extending-pdf-productivity-to-mac-ipad-and-iphone\/\"><p>We are excited to announce the acquisition of PDFpen by Nitro. We at Smile believe Nitro is well placed to take the PDFpen product to the next level.<\/p><\/blockquote>\n\n<p>I don&rsquo;t really understand what this means for Smile, since I thought they had some of the same people working on both PDFpen and TextExpander.<\/p>\n\n<p>Previously:<\/p>\n<ul>\n<li><a href=\"https:\/\/mjtsai.com\/blog\/2018\/06\/12\/smile-turns-15-an-interview-with-greg-scown\/\">Smile Turns 15: an Interview With Greg Scown<\/a><\/li>\n<li><a href=\"https:\/\/mjtsai.com\/blog\/2017\/04\/07\/textexpander-by-subscription-one-year-later\/\">TextExpander by Subscription One Year Later<\/a><\/li>\n<\/ul>\n\n<p id=\"pdfpen-acquired-for-6-million-update-2021-07-13\">Update (2021-07-13): <a href=\"https:\/\/tidbits.com\/2021\/07\/12\/nitro-acquires-pdfpen-from-smile\/\">Adam Engst<\/a>:<\/p>\n<blockquote cite=\"https:\/\/tidbits.com\/2021\/07\/12\/nitro-acquires-pdfpen-from-smile\/\">\n<p>Nitro will pay $6 million in cash for PDFpen, and the entire PDFpen team will be joining Nitro. Sam Thorpe noted that Nitro was extremely interested in the team&rsquo;s roadmap for PDFpen and appreciation of the nuances of developing for Apple-focused customers, so it seems safe to say that we shouldn&rsquo;t expect to see significant technical or interface changes. The name will also remain the same, though likely with some Nitro cobranding. What may change eventually is the licensing model, with subscriptions being offered after a few more major releases.<\/p>\n<p>[&#8230;]<\/p>\n<p>The recurring revenue generated by the subscriptions will help pay for developing the integrations with other systems&mdash;document signing, analytics, SDKs, and so on&mdash;that large organizations find compelling.<\/p>\n<p>[&#8230;]<\/p>\n<p>From Smile&rsquo;s perspective, the PDFpen acquisition allows the company to focus on its TextExpander business, which has been growing in terms of employees and platforms.<\/p>\n<\/blockquote>","protected":false},"excerpt":{"rendered":"<p>Sam Chandler: Today, I&rsquo;m excited to announce Nitro&rsquo;s acquisition of PDFpen, the much-loved suite of PDF productivity apps for Mac, iPad and iPhone developed by Smile, Inc.[&#8230;]With the acquisition of PDFpen, we have found the perfect complement and addition to extend the Nitro Productivity Platform to even more customers and users. The PDFpen team has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"2021-07-05T20:04:53Z","apple_news_api_id":"d448bb07-5445-4c81-b0cc-a4cb07b33664","apple_news_api_modified_at":"2021-07-13T16:04:26Z","apple_news_api_revision":"AAAAAAAAAAAAAAAAAAAAAA==","apple_news_api_share_url":"https:\/\/apple.news\/A1Ei7B1RFTIGwzKTLB7M2ZA","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":"\"\"","apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[2],"tags":[66,101,31,1837,26,30,32,1891,345,390,468],"class_list":["post-33027","post","type-post","status-publish","format-standard","hentry","category-technology","tag-acquisition","tag-business","tag-ios","tag-ios-14","tag-iosapp","tag-mac","tag-macapp","tag-macos-11-0","tag-pdf","tag-pdfpen","tag-textexpander"],"apple_news_notices":[],"_links":{"self":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts\/33027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/comments?post=33027"}],"version-history":[{"count":2,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts\/33027\/revisions"}],"predecessor-version":[{"id":33113,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts\/33027\/revisions\/33113"}],"wp:attachment":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/media?parent=33027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/categories?post=33027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/tags?post=33027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}