Snapchat has quietly acquired an Israeli startup for a reported $30 million to $40 million

screen-shot-2016-12-25-at-9-24-58-am Snapchat sewed up its first acquisition in Israel this week, according to the outlet Calcalist News. It acquired four-year-old Cimagine, whose augmented reality platform lets consumers instantly visualize products they want to buy in their intended location, paying what Calcalist says was between $30 million and $40 million. According to its LinkedIn page, Cimagine currently works with brands… Read More

from Social – TechCrunch
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