EBay acquires mobile app developer Critical Path

SAN JOSE, Calif. (AP) – Online auction hub eBay Inc. said Wednesday that it had acquired Critical Path Software, a mobile application developer that has helped develop iPhone apps for eBay, StubHub, eBay Classifieds and Shopping.com.

Terms of the deal were not disclosed.

EBay said Critical Path would play an integral role in making faster improvements for eBay’s mobile platforms worldwide.

“Acquiring an app developer like Critical Path is a natural progression for a company like eBay,” remarked LiveAuctioneers.com CEO Julian R. Ellison, whose company was formerly in a marketing partnership with eBay and now has its own app-development subsidiary. “All savvy businesses are moving aggressively onto the mobile platform. People want portable information and Internet access, and the mobile phone is the most logical delivery method.”

Auction Central News International contributed to this report. Copyright 2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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