Google buys Tualatin-based software company Instantiations and plans to move the company to downtown Portland.
Google bought Tualatin-based software company Instantiations on Wednesday, splitting the company into two parts.
Some of the employees will move to a Vancouver office and continue to use the Instantiations name, while the majority will be moved by Google to a downtown Portland office.
Instantiations had 2009 revenue of $4.4 million and employed 30 people before its sale, [chief executive Mike] Taylor said. The companies declined to disclose terms of the deal or provide a breakdown of how employees will be distributed between Google and the new Instantiations.
Instantiations founder Eric Clayberg goes to Google, but becomes a board member of the new, Vancouver-based Instantiations. Taylor will remain with Google during the transition period, then helm the new Instantiations in Vancouver. He said Google’s new Portland office will focus on corporate software development.
Read more at OregonLive.com.
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