Facebook, a tech giant, has acquired another giant startup GIPHY: an animated graphics startup, one of a genuine and most liked GIF Search Engines to integrate with Instagram and other social network platforms owned by Facebook. A California based startup GIPHY was sold in $400 million, exactly the same amount which Apple paid in 1997 for NeXT Inc (One of a Steve Jobs startup after he was forced out of Apple along with his few co-workers). The common in GIPHY and Steve Jobs startup NeXT acquisitions is that both these…
GIPHY, an animated graphics startup is acquired by Facebook in $400 million
