{"id":2678,"date":"2012-07-17T15:55:00","date_gmt":"2012-07-17T15:55:00","guid":{"rendered":"http:\/\/cloudnewsdaily.com\/?guid=edc4e1e8ae3cfdbb09ffd542bf554243"},"modified":"2012-07-17T15:55:00","modified_gmt":"2012-07-17T15:55:00","slug":"autodesk-buys-socialcam-for-mobile-social-video","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/autodesk-buys-socialcam-for-mobile-social-video\/","title":{"rendered":"Autodesk Buys Socialcam for Mobile Social Video"},"content":{"rendered":"<\/p>\n<p><a href=\"http:\/\/www.crunchbase.com\/company\/autodesk\" ><img loading=\"lazy\" decoding=\"async\" class=\"zemanta-img-inserted zemanta-img-configured alignleft\" title=\"Image representing Autodesk  as depicted in Cr...\" src=\"http:\/\/www.crunchbase.com\/assets\/images\/resized\/0002\/2543\/22543v1-max-450x450.png\" alt=\"Image representing Autodesk  as depicted in Cr...\" width=\"149\" height=\"35\" \/><\/a><\/p>\n<p><span>Autodesk Inc., has signed a definitive agreement to acquire Socialcam for a purchase price of approximately $60 Million. Socialcam is a popular mobile social video capture, editing and sharing app and service that was launched in 2011. This transaction is expected to close in Autodesk\u2019s third quarter of fiscal 2013 (which ends on October 31, 2012) and is subject to customary closing conditions. <\/span><\/p>\n<p>\u201cMobile computing, the cloud and social media are improving and changing the way people design, engineer and create projects,\u201d said Samir Hanna, vice president, Autodesk Consumer Group. \u201cVideo is an ideal medium for professionals and consumers alike to communicate and share their design ideas. We are excited to have Socialcam join our growing portfolio of applications, services and communities for digital art, personal design and fabrication, home design and entertainment.\u201d<\/p>\n<p>Socialcam is a smartphone application and web-based service that makes it easy to capture, edit and share videos. The Socialcam app has been one of the most popular mobile video apps in the iOS App Store and Android marketplace with over 16 million downloads since it was first launched in 2011. Autodesk will prioritize support for the existing Socialcam community, while investing in scaling the platform and developing a more comprehensive set of tools for Socialcam users. Autodesk also plans to use the Socialcam platform to help make its Academy Award-winning technology for professional film and video creators more accessible to a broader audience.<\/p>\n<p><span id=\"more-11301\"><\/span><\/p>\n<p>\u201cSocialcam shares Autodesk\u2019s mission of helping everybody imagine, design and create a better world,\u201d said Michael Seibel, Founder and CEO, Socialcam. \u201cAutodesk has a proven track record of acquiring and scaling fast-growing, early stage consumer businesses while staying true to their core audience and vision. With products like Pixlr, SketchBook and 123D, Autodesk is empowering creativity in millions around the world by making their award-winning technology accessible to everybody. We\u2019re excited to join them and introduce this global community to simple video creation, editing and sharing.\u201d<\/p>\n<div class=\"zemanta-pixie\" style=\"margin-top: 10px; height: 15px;\"><img decoding=\"async\" class=\"zemanta-pixie-img\" style=\"float: right;\" src=\"http:\/\/img.zemanta.com\/pixy.gif?x-id=4829c6c6-92b9-4075-8939-d37a90ebb80b\" alt=\"\" \/><\/div>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/rFBwJ-nJSV_vcIAVSN4Q1tELKyg\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/rFBwJ-nJSV_vcIAVSN4Q1tELKyg\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/rFBwJ-nJSV_vcIAVSN4Q1tELKyg\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/rFBwJ-nJSV_vcIAVSN4Q1tELKyg\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/CloudNewsDaily\/~4\/9SNWdkz6p5g\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Design and Entertainment Software Leader to Accelerate Adoption of        Mobile, Cloud &#038; Social Technologies Through Acquisition of Rapidly        Growing Social Video Service     SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211;Autodesk        Inc., (NAS&#8230;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[131,678,250,139,140,679,680,42],"tags":[],"class_list":["post-2678","post","type-post","status-publish","format-standard","hentry","category-autodesk","category-autodesk-sketchbook-pro","category-ios","category-ma-activity","category-mobile","category-pixlr","category-socialcam","category-video"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/2678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=2678"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/2678\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=2678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=2678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=2678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}