Hachette Livre Acquires Majority Stake in Mobile App Company Brainbow

Hachette Livre has acquired a majority stake in a London-based mobile app company, Brainbow Ltd.

Brainbow, founded in 2012, created the brain-training app Peak, a mobile digital subscription service that has accrued 15m downloads around the world. It was named Apple's "Best App" in 2014, while Google Play chose it as its "Best Self Improvement App" in 2015 and 2016. Peak is also a Future Fifty company, selected in 2015 to be part of a Tech City network supporting the UK’s "most pioneering" tech companies. Brainbow will continue to be based in London.