We have just found out that Google projects on acquiring digital loyalty card service Punchd. The team, which consists of developers Reed Morse, Xander Pollock and Niket Desai (and formerly Grantland Chew), will most plausible still be working on Punchd inside Google according to our source. While our original reference nailed the deal at a low seven figures, a second source nailed the acquisition cost at over $10 million.
Punchd, which is essentially the digital equivalent of the “Buy 10 Get
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