The Google team announced on Friday that it has acquired Fly Labs, a video and photo editing company . Fly Labs main product is editing of applications, and it is quite popular, with 3M download over the past 18 months.
The acquisition will allow the companies to leverage Fly Labs products using Google Photos, this also means that the suite of product will not be updated for 3 months. The terms of the acquisition were not made public as of this moment
“We’re excited to announce that Fly Labs has been acquired by Google!,” the company said in a statement yesterday. “Our mission at Fly Labs has always been simple: to help people make the most of their photos and videos. We make video editing apps because we believe that there’s no better way to stay connected with your memories than by engaging with them creatively. In the last 18 months, our video editing apps have been downloaded more than 3 million times in over 150 different countries. More than 20 million videos have been created with apps made by Fly Labs.”
Fly Labs statement includes a message that all its apps will be 100% free, with no in-app purchases. As stated above, “the suite will remain available for the next three months for download, but will no longer be updated. The apps will be pulled from the Apple App Store and Google Play Store after the three-month grace period.”
Google has added Picasa Photos to its plus service, making it available to 100M users, who have uploaded billions of combined pictures and videos to the service.
Engadget team have added :
“The team at Fly Labs announced on Friday that Google had acquired their company and will be rolling their image-editing technology into Google Photos. “We’ll be pouring the same passion into Google Photos that we poured into Clips, Fly, Tempo and Crop on the Fly,” the company wrote in a blog post. Existing users should note that while Fly Lab’s existing suite of tools will remain free and available in the App Store for the next three months or so, there will be no more updates. Furthermore, if you’ve already downloaded the apps, they’ll continue to work even after this three-month grace period. You won’t, however, be able to re-download them once they’ve been removed from the App Store so make sure you don’t go accidentally uninstalling them.”