Snapchat Reportedly Acquires Viral Comic App Bitstrips

by Justin Lafferty
Bitstrips, the creative comic strip app which rose to prominence on Facebook, appears to have a new home. Fortune reported that Snapchat has apparently purchased Bitstrips—which also makes personalized emoji app Bitmoji—in a deal valued in the neighborhood of $100 million (a mix of cash and stock). While Bitstrips rose to power on Facebook, lately the company has been ...Read the full article