Advertisement


Advertisement

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Breaking News : Snapchat Reportedly Buys Personalised Emoji Maker Bitstrips
#1
Advertisement
According to reports, Snapchat could be buying Bitstrips - the company whose comics were all over Facebook. The Snapchat and Bitstrips deal has been valued at roughly $100 million (roughly Rs. 665 crore) involving a mix of cash and stock, adds the report, citing sources.

Emojis have become a major part of daily conversations and are now a must have feature in any messaging application. At this point, there is no clarity how Snapchat plans to integrate Bitstrips into the platform. Both the companies have so far declined to comment on the matter.
Founded in 2007, Bitstrips is based in Toronto and allows people to create avatars and use them to communicate across multiple platforms. The company so far has various product portfolio including Bitstrips.com, Bitstrips Facebook app, Bitstrips mobile app (Android and iOS) and Bitmoji, their latest mobile app released in 2014.

The highlight of the Bitmoji app is that it turns people into their very own set of personal emojis to use in any chat message - featuring facial expressions. Some of the investors in the company include Horizons Ventures and Kleiner Perkins Caufield & Byers. Fortune adds that Bitstrips raised around $11 million in venture capital funding from these firms.

Snapchat was recently also reported to be working Google Glass-style eyewear. The messaging application for its own augmented reality (AR) "smart" glasses was said to hire developers from major augmented reality groups like Microsoft's HoloLens, PTC's (formerly Qualcomm's) Vuforia and eye-tracking tech maker Eyefluence to make Snapchat's pair of "smart" glasses.


http://m.gadgets.ndtv.com/apps/news/snap...ips-817803
Reply
Thanks given by:
Advertisement
Advertisement




Possibly Related Threads...
Thread Author Replies Views Last Post
  General News: Micromax Canvas1 with Android Nougat to reportedly launch in India priced at Rs 6,999 nairrk 0 385 07-06-2017, 01:11 PM
Last Post: nairrk
  General News: Pump up for the US Open 2016 by playing an 8-bit tennis game on Snapchat rahul1117_kumar 0 257 09-02-2016, 12:56 AM
Last Post: rahul1117_kumar
  General News: Apple likely to be building a Snapchat-inspired app, and why not rahul1117_kumar 0 238 08-26-2016, 02:07 PM
Last Post: rahul1117_kumar
  General News: Unicode proposes gendered emoji support, new professions and more for Emoji 4.0 rahul1117_kumar 0 291 08-25-2016, 11:52 AM
Last Post: rahul1117_kumar
  General News: HTC Desire 830 Dual-SIM reportedly available in India for Rs 18,990 rahul1117_kumar 0 253 08-12-2016, 09:10 PM
Last Post: rahul1117_kumar
  General News: Jio 4G SIM bundle with LYF phone reportedly unlock for some to work on any 4G device rahul1117_kumar 0 287 08-09-2016, 11:48 PM
Last Post: rahul1117_kumar
  General News: Android Nougat 7.0 to reportedly release on August 5, Nexus 5 likely to miss it rahul1117_kumar 0 188 08-01-2016, 05:50 PM
Last Post: rahul1117_kumar
  General News: Xiaomi to reportedly launch a new Redmi smartphone on July 27 rahul1117_kumar 0 152 07-15-2016, 03:13 PM
Last Post: rahul1117_kumar
  Update: Xiaomi Mi Note 2 will reportedly launch on July 25 rahul1117_kumar 0 385 07-06-2016, 11:48 PM
Last Post: rahul1117_kumar
  General News: ‘Freedom 251’ maker rings PMO, seeks Rs 50,000 crore to make phone viable rahul1117_kumar 0 307 07-06-2016, 11:14 PM
Last Post: rahul1117_kumar

Forum Jump:


Users browsing this thread: 1 Guest(s)
Advertisement