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 …

    … but fizzled and shut down in 2015, Lynley reported. According to Lynley, most of the Math Camp team will join Pinterest, including CEO Paul Davison, who will work across multiple areas at the social network. Lynley pointed out that Shorts had just launched in March. Readers: What are your thoughts on Pinterest’s latest acqui-hire? …

    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- 18 readers -