• All Things D, Tuesday, July 17, 2012 10:58 AM

Autodesk has agreed to buy mobile video startup Socialcam for about $60 million. Post acquisition, Socialcam will continue to operate its popular product “mostly independently,” AllThingsD reports -- now with the backing of Autodesk as a corporate parent. Autodesk is best known for its CAD visual effects software. Socialcam is the most popular application on Facebook, with 3.7 million daily active users and 56 million monthly active users, according to AppData. However, as AllThingsD notes, those numbers are currently trending downward.
 

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