Microsoft Corporation acquired Double Labs, a transaction announced in September 2015, structured as Team acquisition.
Double Labs operates in Android apps / Mobile productivity. Double Labs was the developer of Echo Notification Lockscreen, an Android lockscreen app that intelligently surfaced notifications. Microsoft acquired the team, which joined Microsoft to contribute to its Android lockscreen and mobile productivity efforts. No announcement press release is reachable; the deal is listed on Microsoft's official investor acquisition-history page.
Microsoft wanted the Double Labs team's expertise in Android lockscreen and notification experiences to advance its mobile productivity apps.
Advisory firms were not disclosed for this transaction.