BufferBox has been acquired by Google, reports an article on Business Insider. BufferBox is “an automated, self-serve kiosk to eliminate the frustrations and hassle involved with failed parcel deliveries. BufferBox has successfully deployed our first kiosk that allows for 24/7 pick-up of parcels at a convenient location” (CrunchBase). BufferBox graduated from Y Combinator’s most recent batch this past summer, YC S12.
What’s particularly noteworthy about this acquisition is that BufferBox will continue to operate from within Google. This is not an acqui-hire for the talent. By acquiring BufferBox, Google is effectively entering the shipping business. The Business Insider article, citing a post from The Economist, suggests this acquisition may be part of Google’s strategy to enhance competition with Amazon.com. Terms of the BufferBox acquisition are not yet publicly known.