Alphabet unit GV has exited the encrypted mobile app provider after it was acquired and merged with IAC's Teltech subsidiary.
Internet and media group IAC has purchased Confide, the US-based developer of an encrypted messaging app, for an undisclosed amount, enabling internet technology group Alphabet to exit, TechCrunch has reported.
Confide’s online platform provides encrypted end-to-end mobile communication, automatic self-deleting messages and anti-screenshotting technology.
The company was merged with Teltech, the IAC-owned developer of a mobile app designed to stop spam phone calls, in December 2020. The deal included the acquisition of Confide’s intellectual property and technology but its employees…