PicsArt acquires motion-based video effects company D’efekt

PicsArt, has acquired advanced video effects company D’efekt for an undisclosed sum. The female-led startup has been featured as an Apple “App of the Day” various times and offers motion-based video effects – including light illusions, music responsiveness, and fractal motion-activation, the company said. The app can be downloaded here.  D’efekt’s three co-founders – Vahagn Kachikyan, Nané Toumanian, and Tatevik... Read More