Autodesk has added yet another feather to its growing cap, buying mobile video sharing app Socialcam for a price of $60 million. Socialcam was launched only about 18 months ago, but it's been a big hit since then, attracting lots of high profile investors and a prestigious spot at the Y Combinator startup accelerator.
Autodesk's purchase likely means Socialcam will continue to grow. There are only four employees at the moment (which in itself is pretty spectacular for a purchase like this), so of course there will be some more hires, and presumably Autodesk will look at integrating the company's technology in its own apps.
Autodesk is slowly and quietly building a mobile software empire. The company is obviously mo
