Tether just made a big move in their market by buying up two of their competitors. Scuebydue pointed out in the forums that Tether made a big announcement today. They have acquired Mobishark and iMobimac which were their competitors. They are also promising a “few othe3r major announcements over the coming weeks. Here is what they had to say about the acquisition:
"This was definitely a strategic play, that allows us to leverage Mobishark’s wide customerbase to our product", said Tim Burke, CEO of Tether. "We are excited to have Mobishark customers join our growing community."
The announcement comes before a few other major announcements that Tether plans to unveil over the coming weeks. Be sure to watch our Twitter page and Facebook page for updates.
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