Autodesk Buys Socialcam For $60 Million
Video sharing app maker Socialcam is being bought by Autodesk, best known for its professional design software made for engineers, architects and designers. Autodesk is buying the four-member company for $60 million, the two announced today. Socialcam was started in March 2011, completed a stint in the Y Combinator program, and has been recently been growing legs thanks to YouTube and Facebook.