Internet giant Google has acquired Bump, the contact and file-sharing app. While terms of the acquisition were not disclosed, the startup said it has no plans to close down any time soon. Bump has also announced the news of its acquisition on its blog.

Bump’s co-founder and chief executive David Lieb said the company was “thrilled” to join Google, citing similar passions for sharing information between people and devices. Financial terms of the deal were not disclosed. That said, sources pegged the transaction as at least $30 million, or as much as $60 million.

The decision to buy Bump seems to have been partly driven by the impending release of Apple’s iOS 7, the latest version of its iPhone software. That introduces a technology called AirDrop which could be used to transfer similar data types – including photos or web addresses – using a combination of Wi-Fi and Bluetooth to multiple devices at once without requiring the phones to touch.

“There’s no bumping your phone,” said Apple’s iOS software chief Craig Federighi when he showed the feature off to developers in June at Apple’s Worldwide Developer Conference. Apple already implements AirDrop on its desktop and laptop computers. For Bump, that could mean that its biggest platform, iOS, would become less useful if people begin using AirDrop instead of its app.

Bump allows iPhone and Android users to “bump” together two phones to share contact details and files between devices. Later versions also allowed phone users to “bump” phones with desktop computers.

In September 2011, the company announced it had 50 million downloaders and 10 million active “bumpers.” Just less than a year later, more than 600 million photos were shared by “bumping” phones. Later it released an iPhone-only version photo-sharing app dubbed Flock.