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Google acquires collaboration startup Kifi for Google Spaces

Alphabet's Google looks to boost its group sharing app in an acquihire of link startup Kifi.

Link management startup Kifi announced in a blog post on Medium that it's being acquired by Google, for its Google Spaces team.

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The Kifi service, which allows users to collect, analyze, and collaborate on links from across the Internet, will shut down in the coming weeks, the company said on Tuesday.

"We see a lot of alignment to Google's mission to organize the world's information and make it universally accessible and useful," Kifi wrote on its blog. "Our team will be joining the Spaces team at Google to build solutions focused on improving group sharing, conversation, and content finding. Frankly, we're thrilled they have a bit of 'space' for us!"

Terms of the deal weren't shared and it isn't clear how many employees are joining Google.

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"Really excited about this team," Bradley Horowitz, VP of Google Spaces, wrote in a Google Plus post.

The Kifi team will help with Google Spaces, a lackluster social group sharing app that launched earlier this year.