Evernote Acquires Penultimate – A Digital Handwriting App

Evernote, the note-taking service, has acquired Cocoa Box’s Penultimate for an undisclosed amount. For the uninitiated, Penultimate is  a digital handwriting app designed for the iPad and available for just 99 cents in the Apple app store. The app looks like a notebook and users can jot down notes, draw an image with the help of a stylus or fingers, or even post pictures.

Ben Zotto, the founder of Penultimate, will be joining Evernote. Ben also notes in a blog post that Evernote will not only not shut down the app but will also make the app available on various platforms. At the time of writing this, Penultimate already offers basic Evernote integration where users can send notes directly to Evernote.

The acquisition makes sense for Evernote and Penultimate. Evernote is already good at handwriting recognition and its integration with Penultimate will bring Evernote to the iPad audience. In fact, according to Apple, it’s the #4 best-selling paid iPad app of all time. Whereas for Penultimate, Evernote will keep the app independent and bring it to a wider audience with its promise of bringing it on various other platforms. Ben Zotto will also lead the effort to put handwriting and digital ink functionality into other Evernote products and platforms.

Currently, the Evernote app is available on OSes such as Microsoft Windows, Mac OS X, Chrome OS, Android, BlackBerry OS, iOS, WebOS, Windows Mobile, and Windows Phone. We can’t wait to see how Evernote integrates Penultimate on its app on touch enabled operating systems.

Evernote recently raised $70 million in a Series-D round at a valuation of $1 Billion from Meritech Capital and CBC Capital. The company is said to be preparing for an IPO.

Buy Penultimate for iPad for 99 cents from iTunes App Store.

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