As millions of Snap shares locked up since its IPO start to trade freely this week, CEO Evan Spiegel and company could feel even more pain from a share price that has already sunk by more than 50% since its March high of $27.09. However, as investors consider exiting their positions, it’s important to point out that Snap has made some very promising acquisitions since its debut on the New York Stock Exchange less than six months ago.
These deals address the biggest threats to the company’s future success: weak ad revenue and the copycat behavior of rivals like Facebook. The coming months will demonstrate how effectively Snap can integrate new teams and tech with its own to provide innovative products, a process that the company has enjoyed some success with already from prior acquisitions behind Snapchat filters and other popular features.
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Our timeline (click to enlarge) highlights 14 recent Snap acquisitions and puts a spotlight on the biggest, best and latest deals:
Interested in Snap? Read our coverage of the company from its journey through its IPO to recent acquisitions.
Article by Adam Putz, PitchBook
