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

    … that Snapchat was more interested in the company’s computer vision technology and engineering team than in the app. According to Dillet and Lomas, the acqui-hired members of the Seene engineering team, including at least one senior engineer, are relocating to Los Angeles. Seene posted the following announcement on its website, with no mention…

    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

    …, courting influencers and launching a powerful ad platform. We believe that with these key building blocks, Pinterest is now positioned more than any other service to create the future we had hoped for in tote, and we are absolutely thrilled to join them in this journey. Readers: What are your thoughts on Pinterest’s most recent acqui-hire? …

    David Cohen/ AllTwitterin Social- 18 readers -
  • Facebook Acqui-Hires Publishing Startup Tugboat Yards

    …. July 15: Tugboat Yards will shut down for good. VentureBeat reported that current users of Tugboat Yards include Deca, Let’s Make Mistakes, Maura Magazine, Offbeat Empire, Radio Silence, Scratch and Wine for Normal People, and Tugboat Yards suggested Memberful, TinyPass and Patreon as alternatives in its blog post. The company explained its decision…

    David Cohen/ AllTwitterin Social Facebook- 9 readers -
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