Snap , the company behind Snapchat , has acquired a small Venice, Calif.-based drone startup dubbed Ctrl Me, which counted some Hollywood studios among its clients. Buzzfeed first reported about the acquisition Friday afternoon , and Variety has since learned from a source familiar with the deal that it actually happened late last year.
Buzzfeed reported that the acquisition was a small-scale acquihire, with Snap spending $ 1 million or less to hire Ctrl Me’s founder Simon Nielsen. Snap declined toÂ comment.
Ctrl Me wasn’t actually building its own drones , Variety learned from a source familiar with the company. Instead, the company acted more like a small, specialized retailer, reselling other company’s drones and custom-rigging them to carry heavy high-end cameras. Nielsen also described some of that work in a YouTube video posted back in 2014:
In that light, the acquisition may be moreÂ about adding expertise to the team than about acquiring any actual technology. NielsenÂ is known as a drone expert, and also knows the limitations of the technology, according to a source.
This isn’t the first time Snap has shown interest in drones. Last year, Business Insider reported that the company had been in talks with Berkeley-based droneÂ startup Lily Robotics, but those talks didn’t result in an acquisition.
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