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Flipboard Buys Instagram-Like App Maker Ultravisual

  • Re/code, Monday, September 8, 2014 12:15 PM
Flipboard just bought Ultravisual -- an app maker that specializes in high-quality photo and video creation and collaboration software for iOS devices. “Ultravisual is often compared to Facebook’s Instagram, with perhaps a little of Tumblr mixed in,” Re/Code reports. Yet, Mike McCue, Flipboard cofounder and CEO said deal was mostly a talent acquisition, according to Re/Code. Flipboard claims about 100 million users, who, to date, have created north of 10 million online magazines using its software.
 

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