More that simply bringing the app into the Evernote stable, the deal will see Penultimate (blessed with the accolade of 4th most downloaded iPad app of all time back in March this year) developed for a wider range of platforms and devices. Evernote also plans to use the acquisition of the app, developed by San Francisco-based Cocoa Box, to bring improved handwriting recognition to the Evernote service itself.
Evernote can already recognize handwritten text in scanned documents, while the company also licenses this technology to third parties via its Ritescript division. Today’s acquisition opens up the possibility of allowing you to write with your finger or a stylus directly into Evernote apps in the future. Penultimate already supports the saving of notes into your Evernote account.
Penultimate will continue on as a standalone app, with creator Ben Zotto continuing work on it at Evernote. Penultimate is the fourth most downloaded iPad app ever according to Apple. Evernote recently raised a $70 million funding round and is nearing 30 million users.
Penultimate for iPad is available on the App Store for $0.99. [Direct Link]