Microsoft Buys Mobile App Dev Company Xamarin

By moving to acquire the cross-platform mobile app development company Xamarin -- a deal announced today -- Microsoft aims to boost its appeal to developers of all kinds, whether they're building for Windows, Android or iOS. Already a longtime Microsoft partner, Xamarin is being purchased for somewhere between $400 million and $500 million, according to a reports.

Founded in 2011 and based in San Francisco, Xamarin provides a C#- and .NET-based platform to help developers build native apps for multiple mobile operating systems without having to maintain multiple code bases. Launched as a growing number of businesses were beginning to adopt a mobile-first mindset, Xamarin has grown rapidly since and now has more than 15,000 customers, including Berkshire Hathaway, JetBlue, The World Bank and Honeywell.

More details about the deal will be revealed after Microsoft's Build developer conference in March and Xamarin's Evolve conference in April, Xamarin's CEO and co-founder Nat Friedman (pictured above) said in blog post on his company's Web site today.

'A Perfect Fit'

"Xamarin's unique solution has fueled amazing growth for more than four years," Scott Guthrie, executive vice president of Microsoft's Cloud and Enterprise Group, said in a blog post yesterday. Guthrie noted that the two companies have already worked together and built Xamarin integration into a number of Microsoft platforms.

"With today's acquisition announcement we will be taking this work much further to make our world class developer tools and services even better with deeper integration and seamless mobile app dev experiences," Guthrie said.

In his blog post, Friedman said that the deal is "an ideal next step for us and for our customers." Calling the matchup between the two companies a "perfect fit," he said Microsoft's mobile-first, cloud-first strategy is a great match for Xamarin's products and its team.

In addition to its platform for cross-platform, native...

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