Snap has spent $352 million in acquisitions in 2017

Gary Pageau ,

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Struggling camera/app company Snap has spent $352 million in acquisitions in 2017, according to a report in Business Insider, based on data from Pitchbook. The six-year-old company has purchased roughly two dozen other companies since 2014 and shows no signs of slowing its spending.

Last week, Snap reported lower earnings.

 

Snap acquisitions
Snap acquisitions, via Pitchbook

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Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.