Google acquires Snapseed developer Nik Software

Google has acquired Nik Software, the German developer behind the award winning photography app Snapseed. The news was announced via a blog post on Nik Software’s website. The purchase price was not revealed.

Apple named Nik Software’s popular photo editing app as the the best iPad app of 2011 in its annual iTunes Rewind feature. Interestingly in the same feature, Apple selected Instagram as the best iPhone app of 2011 — that company went on to be acquired by Facebook in a deal worth about $735 million in cash and stock. Many industry watchers are speculating that Google’s buy of Nik is for the same reason — to give it a foothold in the rapidly growing photo-based social networking space.

In June Nik Software announed Snapseed had amassed more than 9 million users since its release in June 2011, a handy achievement for a $4.99 paid app. According to our traffic tracking service AppData, Snapseed is currently the No. 42 top paid app, the No. 60 top grossing app, the No. 41 top paid iPad app and the No. 122 top grossing iPad app. It is the No. 1 top grossing app in the photography genre.

The Verge reports the portion of the Nik Software team that created Snapseed is joining the Google+ product team at Google’s headquarters in Mountain View, California.