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February 29, 2016 10:06 pm GMT
GoPro today announced the acquisition of two startups to address one of the company’s sore spots: Video editing. Stupeflix and Vemory are the companies behind the mobile apps Replay and Splice, respectively. GoPro tells TechCrunch the company spent $105 million on the two companies combined and that all the employees from these companies will join GoPro’s ranks but work from… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/C_3JaUxtMB4/
GoPro Spends 20% Of Its Cash On Hand To Acquire Two Video Editing Startups
GoPro today announced the acquisition of two startups to address one of the company’s sore spots: Video editing. Stupeflix and Vemory are the companies behind the mobile apps Replay and Splice, respectively. GoPro tells TechCrunch the company spent $105 million on the two companies combined and that all the employees from these companies will join GoPro’s ranks but work from… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/C_3JaUxtMB4/
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