{"id":18668,"date":"2020-05-16T02:52:16","date_gmt":"2020-05-16T02:52:16","guid":{"rendered":"https:\/\/rbsitsoftwaresolution.com\/blog\/facebook-to-acquire-giphy-in-a-deal-reportedly-worth-400-million.html"},"modified":"2020-05-16T02:52:16","modified_gmt":"2020-05-16T02:52:16","slug":"facebook-to-acquire-giphy-in-a-deal-reportedly-worth-400-million","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/facebook-to-acquire-giphy-in-a-deal-reportedly-worth-400-million.html","title":{"rendered":"Facebook to acquire Giphy in a deal reportedly worth $400 million"},"content":{"rendered":"

Facebook <\/a> will acquire Giphy, the web-based animated gif search engine and platform provider, Facebook confirmed today, in a deal worth around $400 million, according to a report by\u00a0Axios<\/a>. Facebook said it isn\u2019t disclosing terms of the deal. Giphy has grown to be a central source for shareable, high-engagement content, and its animated response gifs are available across Facebook\u2019s platforms, as well as through other social apps and services on the web.<\/p>\n

Most notably, Giphy <\/a> provides built-in search and sticker functions for Facebook\u2019s Instagram, and it will continue to operate in that capacity, becoming a part of the Instagram team. Giphy will also be available to Facebook\u2019s other apps through existing and additional integrations. People will still be able to upload their own GIFs, and Facebook intends to continue to operate Giphy under its own branding and offer integration to outside developers.<\/p>\n

Facebook says it will invest in additional tech development for Giphy, as well as build out new relationships for it on both the content side and the endpoint developer side. The company says that fully 50% of traffic that Giphy receives already comes from Facebook\u2019s apps, including Instagram, Messenger, the FB app itself and WhatsApp <\/a>.<\/p>\n

Giphy was founded in 2013, and was originally simply a search engine for gifs. The website\u2019s first major product expansion was an extension that allowed sharing via Facebook, introduced later in its founding year, and it quickly added Twitter <\/a> as a second integration. According to the most recent data from Crunchbase<\/a>, Giphy had raised $150.9 million across five rounds, backed by funders including DFJ Growth, Lightspeed, Betaworks, GV, Lerer Hippeau and more.<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunch\/social\/~3\/qlsAlp-23OA\/<\/p>","protected":false},"excerpt":{"rendered":"

Facebook will acquire Giphy, the web-based animated gif search engine and platform provider, Facebook confirmed today, in a deal worth around $400 million, according to a report by\u00a0Axios. Facebook said <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3],"tags":[10,7,14,15,6,12,11],"class_list":["post-18668","post","type-post","status-publish","format-standard","hentry","category-latest-update","tag-computer-news","tag-downloads","tag-microsoft-download-news","tag-networking-updates","tag-technology-update","tag-wordpress-plugin-download","tag-wordpress-theme-download"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t