Report: Snapchat might have bought a glasses company

According to Business Insider, Snapchat may have bought a glasses company called Vergence Labs for $15 million. Vergence Labs makes frames that can shoot and store video, akin to Google Glass. Business Insider pulled the deal information from the hacked Sony documents, emails sent by Sony Entertainment’s CEO (who serves on Snapchat’s board). There’s no word on why Snapchat might want access to that team or product, although they could be developing video technology.