Wednesday, December 17, 2014

Snapchat Plans Music Feature, Acquired QR Scan.me For $50M And Vergence Eyeglass Cam For $15M, | TechCrunch

More email etiquette lessons from Sony

"Leaked emails from the Sony Pictures hack have uncovered several acquisitions made by Snapchat, as well as plans for a music feature and meetings to discuss partnerships with Twitter.

According to emails between Snapchat, Sony Entertainment CEO Michael Lynton, and Snapchat board member Mitch Lasky, Snapchat bought a QR scanning and iBeacon startup called Scan.me for $14 million in cash, $3 million in restricted stock units, and $33 million in Class B common Snapchat stock. It also acquired Vergence Labs, makers of an eyeglass video camera, for $11 million in cash and $4 million in stock."
Snapchat Plans Music Feature, Acquired QR Scan.me For $50M And Vergence Eyeglass Cam For $15M, | TechCrunch
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