Welcome to the MacNN Forums.

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

You are here: MacNN Forums > News > Mac News > GoPro acquires Replay, Splice video editing apps for $105M

GoPro acquires Replay, Splice video editing apps for $105M
Thread Tools
NewsPoster
MacNN Staff
Join Date: Jul 2012
Status: Offline
Reply With Quote
Mar 1, 2016, 07:54 AM
 
Action camera manufacturer GoPro is acquiring a pair of companies that produce mobile apps for editing video while on the move. The agreements to purchase Stupeflix and Vemony will cost GoPro a total of $105 million, which will give it video editing apps Replay and Splice in return, allowing the camera maker to expand its mobile capabilities by introducing new functions not currently available within the company's own mobile apps.

According to TechCrunch, employees from both companies will join GoPro, but will continue to work from their current offices in Paris and Austin, Texas. The acquisitions also eat into GoPro's cash reserves, with approximately 20 percent used for the two purchases, but will help solve the editing issues its customers currently endure.

Stupeflix's Replay is an app that can be used to combine video clips and photographs into a single video, complete with transition effects, graphical additions, and synchronized music. Vemory's Splice is a mobile editor with a high amount of flexibility, providing far more creative options to users than GoPro's apps. Both apps are currently available on iOS, with Android versions planned to ship later this year.

It is unclear if GoPro plans to continue providing the acquired apps, or if it will shut them down in favor of integrating their features into its own apps.
     
coffeetime
Grizzled Veteran
Join Date: Nov 2006
Status: Offline
Reply With Quote
Mar 1, 2016, 09:27 AM
 
Why software? There are too many out there. They need to drop down their overly hyped camera prices.
     
   
Thread Tools
 
Forum Links
Forum Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Top
Privacy Policy
All times are GMT -4. The time now is 11:10 AM.
All contents of these forums © 1995-2017 MacNN. All rights reserved.
Branding + Design: www.gesamtbild.com
vBulletin v.3.8.8 © 2000-2017, Jelsoft Enterprises Ltd.,