Snapchat buying Israeli augmented reality start-up Cimagine
Monday, December 26, 2016 IST
Messaging app Snapchat is shopping for Israeli augmented truth startup Cimagine Media for an envisioned $30-$forty million, marking Snapchat’s first acquisition in Israel, the Calcalist financial each day stated on Sunday.
Cimagine developed genuine Marketless Augmented truth – generation that allows users to definitely region fixtures and home equipment they want to buy within the space in their home, on their cell gadgets, at the click of a button.
Cimagine becomes Snapchat’s studies and improvement centre in Israel and is predicted to hastily make bigger its workforce from its cutting-edge 20 personnel, Calcalist stated.
The organisation’s pretty-professional team might be the primary purpose for the acquisition, in place of its technology, Calcalist stated.
officials at Cimagine declined to touch upon the record.
The organisation changed into based in 2012 and has raised some million bucks.
Venice, California-based Snapchat is expected to move public as early as March with a valuation of as lots as $25 billion.
Related Topics
Related News & Articles
In its bid to reduce fake news and click bait, the photo and video sharing app Snapchat that's developing up as an area for information has up to date its hints...
Recently posted . 864 views . 14 min read
Alongside the Centre’s push for a digital India, a number of begin-America have introduced generation merchandise and structures into areas u . s .&r...
Recently posted . 966 views . 45 min read
Messaging app Snapchat is shopping for Israeli augmented truth startup Cimagine Media for an envisioned $30-$forty million, marking Snapchat’s first ...
Recently posted . 672 views . 11 min read
When a rival app-maker comes up with a famous component the most effortless reaction is to duplicate it - in any event this is the thing that Facebook-poss...
Recently posted . 893 views . 55 min read
Walking through the workplace of team Indus in Bengaluru demands a jaunty soundtrack within the history. It’s difficult to shake off the feeling of b...
Recently posted . 847 views . 111 min read
Trending News & Articles
View Top 5 Mobile Chargers in India as on 08 Feb 2023. This rundown is compiled according t...
Recently posted . 5K views . 6 min read
The following list of India's Top 5 Mobile Charger manufacture Brand 2019
Recently posted . 3K views . 0 min read
Rolls Royce cars are extremely luxurious. While there are many expensive pieces of equipment in Rolls Royce cars, their most relaxing feature is the silence that ...
Recently posted . 3K views . 2 min read
XUV300 is the latest entrant in the compact SUV segment.
Recently posted . 3K views . 0 min read
More in Electronics & Gadgets
Peeved at their ‘neglect’, several MLAs of the ruling Bharatiya Janata Party (BJP) on Thursday conveyed their ire against the functioning of th...
Recently posted. 762 views . 25 min read
Lok Sabha elections 2019: PM Modi tagged some of India's best-known names - Sachin Tendulkar, Ratan Tata, AR Rahman, PV Sindhu, Ranveer Singh, Vicky Kaushal and...
Recently posted. 642 views . 1 min read
NEW DELHI: Prime Minister Narendra Modi, “a chaiwala”, has done a better job at managing the economy than his predecessor Manmohan Si...
Recently posted. 641 views . 1 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 3K views . 26 min read
Recently posted . 3K views . 94 min read
When the girl’s parent asked for a ventilator, a doctor, Jyoti Raut, told them to arrange one on their own “if they want to save the baby’s life.&...
Recently posted. 632 views . 1 min read
HIGHLIGHTS
• The law, Uttar Pradesh Ministers’ Salaries, Allowances a...
Recently posted. 677 views . 2 min read