Apple snaps up Aussie photo startup SnappyLabs -reports

By VCPOST Staff Reporter

Jan 05, 2014 08:23 PM EST

Apple has picked up Australian photo startup SnappyLabs. The terms of the acquisition deal were not disclosed, according to Mashable.

The SnappyCam app is no longer available in the App Store. The said app lets iPhone users take full-resolution photos at 30 frames per second. Users can also snap images in different aspect ratios and achieve up to six times zoom in on photo subjects. The app was founded and developed by John Papandriopoulos. It became popular because of the way the app augments the built-in camera of iPhone, the report detailed.

At present, the website of SnappyLabs is down. Apple has yet to comment on this news, and remained mum on its motivation behind the new purchase. The acquisition was first published by TechCrunch, and confirmed to Recode, the report stated.

A company spokesperson told Recode in a statement: "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans."

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