Brisbane-based corporate training tech unicorn Go1 has acquired the popular German mobile-first learning app summarizing key ideas from professional books and podcasts Blinkist.
The acquisition of Blinkist allows Go1 to offer access to Blinkist's full library of digests of key ideas from professional development books to its customers and partners. Despite the acquisition, Blinkist and Go1 will continue to operate separately, but over time they might plan for more integration and cross-selling.
“We started Blinkist as a service for learners but saw growing interest from companies in recent years,” said Holger Seim, CEO of Blinkist. “Combining forces with Go1 lets us capitalize on this trend and establish Blinkist as a strong addition to companies’ learning mix, while continuing to grow our consumer brand.”
“Go1's acquisition of Blinkist will significantly expand top content offerings to its users, increasing access and knowledge from authors and researchers to empower learners and organizations across the world,” said Charles Conn, chair of Patagonia, co-founder and partner of Monograph Capital.
“Blinkist’s mobile content and product will expand the learning opportunities already available to Go1’s customers and create a powerful pair with Go1’s corporate learning offering. We're excited for what's to come." Insight Partners will remain an investor in the combined entity, as will Greycroft, Headline, IBB, and MGO.