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Apple And Google Reportedly In Talks To Acquire Boku

Boku is reportedly courting top executives from both Apple and Google concerning a possible acquisition deal.

Citing people familiar with the matter, TechCrunch reports that Boku executives have held high-level talks with Apple and Google over the past few weeks.

According to TechCrunch, BOKU President and CEO Mark Britto and co-founder Ron Hirson have conducted several meetings with top Apple iPhone executives over the past three weeks.

The company has also held high-level meetings with Google's Director of Engineering Michael Morrissey, who presides over the development of mobile services on the Android OS.

Industry experts believe that this the beginning of another Apple-Google spat, as the two have been bitter rivals ever since Google invaded the smartphone market with its Android operating system.

The two companies had earlier locked horns over the acquisition of mobile advertising company AdMob. Apple lost the race to Google in the last moment when the internet giant paid $750 million to acquire it.

San Francisco based mobile payment company Boku has hogged the limelight for quite sometime after bringing its innovative “bank-grade payment system” to mobile platforms.

With key partnerships with many global mobile service providers, it claims to have reached out to 1.8 billion customers worldwide.