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Snap Snaps up Cimagine

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Snap is starting to snap up companies.

In anticipation of its much buzzed-about initial public offering, rumored to take place sometime next year, it looks as though the hugely popular social media app is making a few strategic purchases of its own. This holiday season, it was reported that Snap Inc. bought Israeli startup¬†Cimagine Media¬†for somewhere between $30 million and $40 million. [Read more…]

Source: Digital Trends

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