Nick Candy acquires the fallen Blippar

January 23, 2019

“Blippar was the name of a technology company that specialised in augmented reality and of the mobile app it made. The company was founded in London and had offices in Singapore, Tokyo, New York, Amsterdam, Mountain View, San Francisco, Chicago, Los Angeles, Bangalore, Istanbul, & Delhi.” wikipedia

Vaired news outlets have reported on the recent purchase of Blippar by Nick Candy’s investment firm. The brand which went in to administration in December 2018 (“This is an incredibly sad, disappointing, and unfortunate outcome.”) was founded back in 2011 and had $130 million + spent on it.

Latest Tweet on the @Blippar timeline shared the headline: “Blippar to continue as a new augmented reality company after selling IP assets to investment fund“.

Current chief executive Ambarish Mitra is said to be remaining the head of the brand.

The brand was once valued at £1.2 billion.

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