Foursquare just made its first acquisition. The location tech company has acquired Placed from Snap Inc on the heels of a fresh $150 million investment led by the Raine Group. The terms of the deal were not disclosed. Placed founder and CEO David Shim will become President of Foursquare.
from Pocket https://techcrunch.com/2019/05/30/foursquare-buys-placed-from-snap-inc-on-the-heels-of-150m-in-new-funding/
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