Google Acquires Nik Software, The Company Behind The Popular Snapseed Photo Editing App For iOS

Acquisitions

Summary

Google has acquired Nik Software, the company behind Snapseed, the popular Instagram-like photo editing app for desktop and iOS. It’s not clear what Google’s plans for Snapseed and Nik Software’s other photography tools are, but the fact that Google’s Vic Gundotra announced the acquisition on Google+ makes it likely that the company plans to use at least some of the company’s technology for Google+ on mobile and/or desktop. Here is what Vic Gundotra had to say about the acquisition: Snapseed is, at its core, very similar to Instagram and allows users to apply filters and perform other photo editing tasks on their mobile devices and on the desktop. Snapseed won Apple’s iPad App of the Year award in 2011 and the company says that the application has more than 9 million users. The Snapseed team was already working on an Android app, too, which probably made the company an even more attractive acquisition target for Google.

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AskAI Classifications

Labels
Photography Software Photo Editing Software SaaS

Linked Companies

Nik Software, Inc.
$25M to $50M
DxO
$10M to $25M