Snapchat buys eyewear firm that allows you to report video on the sly
Snapchat quietly purchased an organization that makes eyewear with Google Glass-like video recording functionality, in line with hacked Sony emails noticed by Enterprise Insider. Personal messages from Sony Leisure CEO Michael Lynton’s inbox revealed a $15 million deal between Snapchat and a startup referred to as Vengeance Labs. The latter firm makes a line of thick-framed style specs referred to as Epiphany Eyewear, which additionally occur to report HD video with the contact of a aspect button. The $299-$499 glasses include eight-32GB of storage and allow you to add the footage to a pc and the cloud, or extract pictures with particular software program.
Neither firm has formally stated something concerning the deal or that it even occurred, however one other leaked e mail revealed that Snapchat lately loaned Vengeance $2 million. It is unclear what Snapchat plans to do with the eyewear, however the firm greatest recognized for its disappearing pictures just lately branched into disappearing video — and could also be trying to broaden that enterprise.