{"id":3275,"date":"2017-02-03T01:47:08","date_gmt":"2017-02-03T01:47:08","guid":{"rendered":"https:\/\/www.rsoftsolution.com\/blog\/snap-paid-114-5m-to-acquire-vurb-and-gives-acquisition-details-for-bitstrips-and-looksery.html"},"modified":"2017-02-03T01:47:08","modified_gmt":"2017-02-03T01:47:08","slug":"snap-paid-114-5m-to-acquire-vurb-and-gives-acquisition-details-for-bitstrips-and-looksery","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/snap-paid-114-5m-to-acquire-vurb-and-gives-acquisition-details-for-bitstrips-and-looksery.html","title":{"rendered":"Snap paid $114.5M to acquire Vurb and gives acquisition details for Bitstrips and Looksery"},"content":{"rendered":"


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Now that Snap is revealing its financial guts to the world in its filing for its initial public offering<\/a>, we\u2019re getting a small glimpse at how much the company is paying to acquire startups.<\/p>\n

As Snap becomes a larger company and is able to amass more of a cash pile, it\u2019ll be able to start picking off startups that can either fill out the company\u2019s ranks with talent or add products that will help make its core app even more sticky. Snap\u2019s IPO itself is actually a fundraising event (in addition to getting shareholders some liquidity), which will give the company more cash in order to hunt down these acquisitions.<\/p>\n

We\u2019ve reported on a lot of acquisitions the company has made over the last year, but Snap laid out some of the specifics in its public filing today:<\/p>\n