Autodesk to buy Socialcam for $60 Million

Autodesk has signed an agreement to acquire Socialcam, the popular Facebook video-sharing app, for approximately $60 million, the two companies revealed today.

Autodesk, a company that creates 3D design, engineering, and entertainment software, will focus on helping the startup grow. This transaction is expected to close soon.

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Posted by

Jeff Mottle
Owner of CGarchitect & CGschool
Calgary, Canada

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