Snape Acquires Emerging Aircraft Company

May

27

2017

The American company is repositioning and shifting to a diversified product company.
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The news agency “BuzzFeed News” reported on Saturday that Snape , owner of the messaging service Snap Snapshot , acquired control “Robotics,” a US company emerging in the field of aircraft, which confirms previous reports that the company is working on Development of marching aircraft.

The New York Times reported at the end of February that Snape was working on the development of marching planes, in what appeared to be a new attempt to differentiate itself in the face of intense competition that has come to face after Facebook copied the most important advantages in various services.

Snape has long been known for its SnapShat, which allows users to exchange temporary messages, photos and videos, but over the past few years, the company has been repositioning and transforming into a diversified product company. It even changed its name from Snape to Snape, For messaging only.

The New York Times quoted three people who said they were familiar with the project and asked not to be identified for the details. Snape is working on developing a craft that will help Snape users take high-definition images and videos and share visual data with the company.

It is believed that the work on a marching aircraft builds on the launch of Spectacles last year, sunglasses equipped with a camera to record short videos and then share with Snap Chat, and the company through the glasses to bring some proceeds in preparation for the launch of its shares for public subscription earlier Of the current year.

The jets are also believed to give a glimpse into the quality of the products Snab is aiming to produce in the future, which will affect the growth of the company, which is trying to establish a second source of income, as well as ads, experiencing intense competition from the giants of technology, Facebook and Google.

According to informed sources, the value of the acquisition of Control M does not exceed $ 1 million. It is an “acquisition-hiring”. The company’s founder and pioneer of aircraft business, Simon Seto Nielsen, Some company assets and equipment to SNAP.

Nielsen founded Control Me in 2013 to provide Hollywood studios, as well as industrial and security companies, software, gear and aircraft from third parties with tailor-made solutions.

Snape, previously known as Snape Chat, was founded in 2012 as a mobile messaging service that allows users to send images that disappear after several seconds.

Snape Chat is now a social networking platform that allows users to send temporary photos and videos to their friends, as well as stories that everyone can see and last for a long time.

Snape Chat, launched in 2011, employs more than 166 million active users a day, the vast majority of whom are aged 13 to 35.

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In: Technology & Gadgets Asked By: [17034 Red Star Level]

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