FutureTap, a new iPhone development shop, has just announced their purchase of “Where To”, formerly a TapTapTap application. What’s interesting about this story is how openly new owner Ortwin Gentz describes the process of evaluating the application’s value before making a bid for it.
It’s a fascinating look into the business side of iPhone application development that offers a lot of insight for investors and developers alike. I know Ortwin personally, so I know “Where To” is is very capable hands.
Be sure to check out the full story at futuretap.com and Where To in the AppStore.