By: Lulu Chang
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