India-based messaging app Hike is back on the acquisition trail after it picked up Creo, a hardware company that previously released smartphones, streaming devices and an operating system.
The price of the deal is undisclosed. Hike released a short statement late on Friday announcing the acquisition, although it does not appear that the 50-person Creo will continue to work on hardware.
“The Creo team will begin work on a developer platform to enable third party developers to build services on the Hike platform,” a Hike spokesperson said.
Creo recently slashed the price of its Mark 1 smartphone, and it confirmed on its website that it will be its last.
“To build our next product, we…