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Autodesk buys Socialcam in $60 million deal

07/17, 10:08am

New acquisition expected to stay mostly independent

Socialcam has been bought out by Autodesk in a deal worth about $60 million, reports All Things Digital. The arrangement should be finalized within the next 30 days. Rumors of Socialcam's acquisition have been circulating for months, and other potential buyers are said to have included Google and Zynga.

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