PicsArt Acquires Motion-Based Video Effects Company D’efekt
Deal Reinforces PicsArt’s Commitment to AI Innovation, Brings Even More All-In-One Visual Storytelling Features to its 150 Million-Strong Creator Base
PicsArt, the world’s largest visual creative platform, announced that it has acquired advanced video effects company D’efekt for an undisclosed sum. The female-led startup has been featured as an Apple “App of the Day” various times and offers motion-based video effects – including light illusions, music responsiveness, and fractal motion-activation. D’efekt’s three co-founders will continue to build the independent app with further resource investment from PicsArt.
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“We’ve known the D’efekt team for more than a year. We’re thrilled they’ll be joining us as we continue to build the creative platform of the future”
“We’ve known the D’efekt team for more than a year. We’re thrilled they’ll be joining us as we continue to build the creative platform of the future,” said Hovhannes Avoyan, founder and CEO of PicsArt. “We see this deal as a win for everyone: Our millions of creators now have access to even more amazing video special effects, the D’efekt founders have support to build on their initial successes, and PicsArt is able to add more creative and technical talent to our tech-majority global team.”
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The D’efekt app—which will be rebranded to include the PicsArt name over the next few weeks—adds to PicsArt’s suite of powerful visual editing apps, including the all-in-one PicsArt photo and video-editing app on web and mobile. D’efekt turns users’ videos into works of art through world-class audio reactivity, object detection, and interactive objects. With just one tap, users can apply motion effects to a single person, multiple people, or an object, as well as make edits strictly to their video’s background. This multimedia addition builds on PicsArt’s recent integration with generative AI music, which produces unique audio matching soundtracks to user videos based on genre, mood, and more.
