Acqui-Hires

  • Snap Inc. Takes Flite (Report)

    … Snapchat parent Snap Inc. acquired ad-tech company Flite, “multiple sources” told Kurt Wagner of Recode. Wagner reported that the deal is an acqui-hire, meaning that Snap Inc. was more focused on the Flite team than on its technology. According to Wagner, Flite focuses on content creation, such as tools that enable brands to create digital ads, 360-degree video ads and vertical video ads optimized for mobile. Readers: What are your thoughts on this acquisition by Snap Inc.? …

    David Cohen/ AllFacebook- 11 readers -
  • 3-D Image-Sharing App No Longer on Seene After Snapchat Acqui-Hire

    … 3-D image-sharing application Seene is no longer on the scene, as parent company Obvious Engineering pulled the plug on the app following its reported acquisition by Snapchat. Romain Dillet and Natasha Lomas of TechCrunch reported in early June that Snapchat had acquired Obvious Engineering “a couple of months” earlier, saying at the time…

    David Cohen/ AllFacebook- 13 readers -
  • This One Time, Pinterest Acqui-Hired Math Camp …

    … Math Camp, creator of iOS photo-sharing applications Roll and Shorts (pictured respectively below), was acqui-hired by Pinterest this week, and the two apps will shut down in the next few weeks, Matthew Lynley of TechCrunch reported. The company also developed Highlight, an app that launched with much buzz at South by Southwest in 2012…

    David Cohen/ AllTwitterin Social- 9 readers -
  • Pinterest Acqui-Hires Team Behind Shopping App tote

    … The team from tote is in the bag at Pinterest. Pinterest announced that tote founders Mike Bidgoli, Abuzar Amini and Langtian Lang are joining its growth and monetization team, and the shopping application is shutting down July 15. tote users who wish to migrate to Pinterest can do so here. Pinterest has been on an acqui-hiring binge…

    David Cohen/ AllTwitterin Social- 17 readers -
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