Snapchat purchasing Israeli augmented realism start-up Cimagine: report

Messaging app Snapchat is buying State augmented realism startup Cimagine Media for an estimated $30-$40 million, scoring Snapchat's inaugural acquirement in Israel, the Calcalist commercial enterprise each day reported on Dominicus.

Cimagine highly-developed Admittedly Marketless Augmented Realness - engineering top cheat top eleven eleven token hack science that allows users to nigh locate article of furniture and appliances they wish to buy in the infinite of their home, on their wandering devices, at the suction stop of a clit.

Cimagine volition suit Snapchat's research and maturation centre in Israel and is likely to rapidly dilate its workforce from its stream 20 employees, Calcalist aforementioned.

The company's highly-skilled squad is believably the main rationality for the acquisition, kind of than its technology, Calcalist said.

Officials at Cimagine declined to scuttlebutt on the story.

The fellowship was founded in 2012 and has raised a few one thousand thousand dollars.

Venice, top eleven hack California-based top eleven hack Snapchat is potential to go world as ahead of time as Exhibit with a rating of as often as $25 zillion.



(Coverage by Tova Cohen)