Snapchat made a secret acquisition to power its new video chat

To help build and power its new cross-platform video chat service, Snapchat acquired software company AddLive, sources tell The Verge. Snapchat confirmed the deal to The Verge, saying “We are excited to welcome the AddLive team to the Snapchat family. We have no further comment at this time.”

The deal went through several months ago, sources say, after Snapchat went on the hunt for companies with the expertise to handle the video platform it envisioned. Snapchat’s new video chat lets you initiate video chats within seconds across a great variety of smartphone hardware. AddLive had previous experience in the space, providing business-to-business voice and audio services for Citrix and a variety of other companies.

“AddLive allows…

Continue reading…

The Verge – All Posts

Leave a Comment