article thumbnail

Snap Buys Fit Analytics

socalTECH

Venice, California-based Snap said on Wednesday that it has acquired Fit Analytics, which is developing machine learning technology which helps people figure out what clothing or shoes might fit them best. Financial terms of the acquisition were not announced. Fit Analytics is based in Berlin, and has around 100 employees.

article thumbnail

Snap Buys Assets Of Ill Fated AR Startup Daqri

socalTECH

Venice, California-based Snap has acquired the assets of ill-fated augmented reality (AR) hardware developer Daqri , according to a report today. Financial details of the asset acquisition were not announced. According to Protocol, the acquisition was of "certain Daqri assets" and around two dozen employees. READ MORE>>.

Venice 124
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Snap Quietly Buys 3D Game Engine Startup

socalTECH

Venice, California-based Snap , the parent firm of Snapchat , has quietly acquired a 3D gaming engine developer based in the UK, according to a report. No details on the acquisition have been announced by either of the companies. According to the report, Snap acquired PlayCanvas, a developer of 3D game design software, last May.

Snapchat 138
article thumbnail

Report: Snapchat Buys Cimagine Media

socalTECH

Venice-based Snap, Inc. , Cimaging Media develops augmented reality technology. The acquisition was first reported by a local Israeli financial daily. the parent company of Snapchat, has reportedly acquired Israeli startup Cimagine Media. The deal is reportedly worth between $30M and $40M. Cimagine was founded in 2012.

Snapchat 113
article thumbnail

Report: Snap Buys Ad Tech Firm Flite

socalTECH

Venice-based Snap , the parent firm of Snapchat, has acquired San Francisco-based ad technology developer Flite , according to reports this morning. According to recode, the acquisition is an "acquihire", and Snap is using the buy to help bring in new ad technology talent, rather than any software developed by Flite.

Report 100
article thumbnail

Report: Snap Acquires Drone Maker Ctrl Me Robotics

socalTECH

Venice, California-based Snap , the parent company of Snapchat , recently acquired neighboring Venice-based drone technology developer Ctrl Me Robotics , according to reports over the weekend. The deal was reportely worth less than $1M. Ctrl Me Robotics was founded by Simon Saito Nielsen. READ MORE>>.

Report 124
article thumbnail

Report: Snapchat Acquires Zenly For $250M To $350M

socalTECH

Venice, California-based Snap Inc. , Snapchat just rolled out a new, location sharing feature for Snapchat based on Zenly's technology, but will continue to operate Zenly as an independent service. the parent company of Snapchat , has acquired social app startup Zenly , in a deal reportedly worth $250M to $350M in cash and stock.

Snapchat 113