Canon Europe appears to be growing a penchant for buying up London-based startups in the photograph or printing space. Following the acquisition of parental picture-sharing app Lifecake in 2015, the company is on a buying spree again, this time acquiring Kite, a print tech startup that lets builders add on-demand printing options to their apps.
phrases of deal remain undisclosed, even if I remember that Kite’s founders are staying on, together with the remainder of the 12-person crew, and that the corporate will remain as an independent brand within Canon team.
“Canon are eager to preserve the good entrepreneurial spirit and the founders’ DNA that drove the team to build a global class company,” a Canon spokesperson tells me.
based in 2013 by using Fionn Concannon, Deon Botha, and Charlie carpenter, with fortify from Black Ocean, a Luxembourg-based investment team, Kite deals iOS and Android SDKs and a relaxation-based totally API to enable builders so as to add on-demand/personalized print merchandise to their wares. The startup essentially does all of the heavy lifting needed for print-based e-commerce, in terms of device, a wide variety of products, and local printers and fulfilment.
To that finish, Kite is currently integrated into over 500 client facing apps and internet sites, including customers akin to PhotoBox, Polaroid, and Ticketmaster, accomplishing what it claims to be 200 million cellular users global.
I’m additionally informed that the acquisition is viewed to fit into Canon’s mission to make image printing available on any device. namely, the Canon-Kite answer will “help developers, manufacturers and the professional print business create new revenue streams via cell-targeted personalised print”.
Charlie wood worker, CEO and co-founder of Kite, says in a remark: “we are excited to combine our modern expertise platform with Canon’s digital products and services portfolio to steer a new print era collectively. we are impressed that Canon shares our vision to develop into the web’s print button, embedded into any imaging app or website online”.
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