Sourced: Tech News : NDTV Gadgets360.com
Snapchat Parent Said to Acquire Drone Manufacturing Firm for $1 Million
Snap is reported to acquihire Ctrl Me Robotics firm for $1 million
Ctrl Me Robotics is a drone company
Snap previously introduced its Spectacles during the company’s rejig
Snap Inc, the parent company of popular photo-sharing app Snapchat, has acquired Los Angeles-based small drone manufacturer Ctrl Me Robotics for nearly $1 million (roughly Rs. 6.45 crores).
According to a report in Buzzfeed on Sunday, Snap’s interest in drone manufacturers means it has more than just a passing interest in hardware.
For Snap, that calls itself a “camera company”, drone industry can be a good place to venture into since drone photography and videography have become popular on social media.