Vimeo Acquires Animated GIF App Echograph As Mobile Video Sharing Space Heats Up Thanks To Vine

Vimeo has acquired GIF-style video making app Echograph, in a deal whose terms were not disclosed, the company announced today. The price paid for the iPhone and iPad app from Clear-Media was not disclosed, but as a result of the deal Vimeo will now be offering the previously paid app (which was $2.99) for free via the App Store.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/6HYHXJMJHm0/

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