Autodesk buys mobile video shooting star Socialcam (YC W12) for $60M

by Alexis Ohanian7/17/2012

Congrats to Michael, Ammon, and Guillaume!

Socialcam, the quick-growing mobile video start-up, has quickly found a buyer.

Autodesk, known for its 3D design and visual effects software, has agreed to buy Socialcam, in a deal worth approximately $60 million, both companies said. They said they expect the deal to close within 30 days.

Read the full article at AllThingsD

Author

  • Alexis Ohanian