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FOR IMMEDIATE RELEASE
BOSTON (May 23, 2017) – RaceMenu, a leading endurance event software company, today announced the acquisition of Boston-based mobile app development company TapWalk. The move follows the recent sale of RaceMenu’s race timing division, bolstering the company’s commitment to focusing on innovative software solutions for the endurance events industry. Financial terms of the acquisition were not disclosed.
“With the sale of our timing division and the acquisition of TapWalk, RaceMenu is now focused on our mobile payments software,” said J. Alain Ferry, RaceMenu Founder & CEO. “We’ve worked with TapWalk’s product for years and have always appreciated its broad capabilities. This move strengthens our product and team, and dramatically accelerates our product pipeline.”