Hot on the heels of its $70 million round, Evernote is making quick use of the new funds: today it announced that it has bought Penultimate, a digital handwriting app designed for the iPad. Financial terms of the deal were not disclosed, but we understand that it is a cash-and-stock deal “to acquire the whole company and get Ben [Zotto, the founder] on board.”

While many acquisitions of this… → Read More