No. 1 Facebook App Socialcam Sold For $60 Million

The top Facebook application, Socialcam, has been sold — but no, this isn't another Mark Zuckerberg purchase. The video-sharing app has been acquired for $60 million by design firm Autodesk.

The top Facebook application, Socialcam, has been sold — but no, this isn’t another Mark Zuckerberg purchase. The vide0-sharing app has been acquired for $60 million by design firm Autodesk.

Socialcam, you probably notice, has been popping up in news feeds a lot lately as a popular social sharing app.

Socialcam announced the move on its blog:

If you haven’t heard of Autodesk, that’s probably because the company is best known for its professional tools for design and visualization.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in