Google Inc. (GOOG-Q512.95-17.65-3.33%) has snatched one of Canada's hottest tech start ups.The search engine company has acquired Bump Top, a Toronto-based firm specializing in software that turns a computer desktop into a 3D environment. The parties involved in the sale did not disclose the purchase price, but it is believed to be between $30-million and $45-million.
Bump Top – a start up that operated out of Extreme VP, a Toronto-based venture capital firm – creates software designed for touch screens, especially next-generation screens that allow a user to operate the device using more than one finger at once. For example, Bump Top's software lets users drag items on their desktop into piles, rotate photos and perform other operations using their fingers.
The Bump Top purchase highlights Google's effort to update many of its services for the mobile market. Products such as Apple's i Phone and i Pad have made touch screens, rather than keyboards, the norm for operating many hand held devices, and most of the smart phones powered by Google's Android operating system rely primarily on touch screens.
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