Microsoft has been on a bit of a spending spree lately, and continues it today with the announcement that the company has acquired Mobile Data Labs, the makers of MileIQ, an Android and iOS app used to make it easy for mobile workers to track their mileage:
If you’re one of the 60 million U.S. workers who can deduct or expense the miles you drive, you definitely want MileIQ along for the ride. With the MileIQ mileage tracker automatically logging your miles, you can claim your full deduction or reimbursement with confidence and ease.
In a post on the Official Microsoft blog, CVP for Outlook and Office 365 Rajesh Jha says he is "thrilled to welcome Mobile Data Labs to the Microsoft family to work on new ways to improve the productivity to millions more mobile professionals".
CEO and co-founder of Mobile Data Labs Chuck Dietrich also expressed his excitement about joining Microsoft:
By partnering with Microsoft, our horizon and momentum are now even bigger–and our ability to deliver excellent products, delightful experiences and personalized service is greater than ever. Under Satya Nadella’s leadership, Microsoft has been on a path of tremendous innovation; the people in the company feel it, the products show it and the market has responded. Microsoft’s ambition to reinvent personal productivity and business processes couldn’t be more aligned with our goals. With our shared passion and commitment to mobile productivity, the San Francisco-based MileIQ team aims to advance this mutual vision by continuing to build services for self-directed workers–services like MileIQ that are automated, intuitive and give users back time, money and peace of mind.
MileIQ has been the top performing Finance app on the Google Play Store since its launch, and has more than a million users in the US. The acquisition further highlights Microsoft's concentration on mobile productivity, no matter where that productivity is happening; on Android, on iOS, or on Windows