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Leaked Emails Confirm Scan Has Been Acquired by Snapchat

A leaked email states the deal was “super secret” and wouldn’t be announced publicly.

We’ve been hearing rumors for the past couple of months that Scan has been acquired. Thanks (or no thanks, depending on how you want to look at it) to the recent Sony Pictures hack, TechCrunch is reporting Scan has indeed been acquired. According to leaked documents published by TechCrunch, Snapchat purchased the QR scanning startup for $14 million in cash, $3 million in restricted stock units, and $33 million in Class B common Snapchat stock.

A leaked email published by TechCrunch states the deal was “super secret” and wouldn’t be announced publicly.

Published 12/16/2014