Flipboard Acquires Zite News Reader App from CNN

Flipboard Acquires Zite News Reader App from CNN

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Flipboard has acquired the Zite news reader app from CNN. As part of the deal, Flipboard has also teamed up with CNN to launch custom magazines for CNN shows anchored by Fareed Zakaria, Jake Tapper, and John King.

"By bringing the Zite team and technology to Flipboard, we can deliver an even more personalized experience to every Flipboard reader," Flipboard CEO Mike McCue said.

CNN says the deal is valued at $60 million. It bought Zite for a reported $20-$25 million in August 2011.

You can download Zite from the App Store for free.

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Flipboard Acquires Zite News Reader App from CNNFlipboard Acquires Zite News Reader App from CNNFlipboard Acquires Zite News Reader App from CNN

Flipboard Acquires Zite News Reader App from CNNFlipboard Acquires Zite News Reader App from CNN
Tlcesq - March 8, 2014 at 2:24pm
Nooooooooooooo! I gave up Flipbook years ago for Zite! I'm sick over this news.
MacBoy - March 5, 2014 at 3:20pm
My favorite news source and reader has been absorbed by my not-favorite app!
MacBoy - March 5, 2014 at 3:19pm
This is awful news!
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