Google has recently acquired BufferBox, a startup company based in Waterloo. Buffer box mainly provides delivery lockers to its users so that they can receive delivery packages from ecommerce retailers online. It focuses on eliminating unnecessary hassles in the delivery of packages. The GTA and the Hamilton Area in Canada will benefit greatly from this startup company in the near future with over a hundred delivery lockers being provided in these areas.
The founders of this company are three graduates from the University of Waterloo, namely Aditya Bali, Jay Shah and Mike McCauley. With Waterloo providing its steady talent stream from its famous University of Waterloo, top tech companies and startups are the beneficiaries. Companies like Apple, Facebook and Google receive talented graduates from this University.
In his interview to the Financial Post McCauley says that with the new resources and talent got from Google the company now hopes for a quicker vision.
Though an interesting acquisition, the terms of the deal regarding the acquisition have not yet been disclosed. Apart from the shared opinion that a lot of opportunities are available for end to end shopper relationships, the other plans for the startup company have not yet been elaborated by this software giant. As a part of the deal, its distinct brand will be retained by the startup company.
“We want to remove as much friction as possible from the shopping experience, while helping consumers save time and money, and we think the BufferBox team has a lot of great ideas around how to do that.” a spokesperson from Google had declared , as reported by Techcrunch.
Conveniently located at transit deposits, the startup company provides its users the option of delivery for a one time use.