trending Market Intelligence /marketintelligence/en/news-insights/trending/s-n3NjVcTqOVMTJHHQbESw2 content esgSubNav
In This List

Snap setting up R&D office in Lehi, Utah

Podcast

Next in Tech | Episode 109 Dealing with uncertainty in risk modeling

Blog

Perspectivas América Latina 2023 Emerging Trends & Growth

Blog

Insight Weekly: SVB fallout limited; US rents up; renewable natural gas investments flow in

Podcast

Next in Tech | Episode 108 - Mobile World Congress and the metaverse


Snap setting up R&D office in Lehi, Utah

Snap Inc. is setting up a new research and development office in Lehi, Utah, TechCrunch.com reported Oct. 10, citing a company confirmation.

The company has tapped Kirk Ouimet, one of the Scan.me co-founders, to build a team at the office. Snap bought Scan.me in 2014.

Snapchat purchased the QR scanning and iBeacon startup for $14 million in cash, $3 million in restricted stock units and $33 million in Class B common Snapchat stock.