Apple has acquired SnappyLabs, a one-man app maker behind the SnappyCam app, which has now been removed from the app store. TechCrunch reported: “Sources have since affirmed that the company was acquired by Apple, and that there was also acquisition interest “from most of the usual players”, meaning other tech giants. I don’t have details on the terms of the deal, and I’m awaiting a response from Apple, which has not confirmed the acquisition“. Now a couple of days later Apple has confirmed the acquisition to Recode.net

Developer John Papandriopoulos was able to redesign how JPG images are compressed, which made it possible for SnappyCam to shoot full-quality burst mode photographs at significant higher frames per second than other competing technologies, including the new burst mode built into iOS 7. Apple will most likely use the new JPG technologie for its own iOS and OS X camera programs and APIs.

source [macrumors]