Autodesk to acquire social video service Socialcam for $60 million

Thenextweb: Perhaps the most popular smartphone-based video app (besides YouTube), Socialcam has been acquired by Autodesk for $60 million, helping Autodesk’s mission of “helping everybody imagine, design and create a better world.”Autodesk, which is known for its pioneering 3D design software, says it will integrate Socialcam into its portfolio of apps, services and art and design communities, working to build its userbase alongside its Pixlr, SketchBook and 123D tools.

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