GoPro To Buy Mobile Editing Apps Splice, Replay

GoPro Inc. said Monday it has agreed to buy mobile editing apps Splice and Replay for an undisclosed sum. "Splice, Replay and GoPro will combine to deliver what we believe will be the fastest and most enjoyable mobile editing experience," Nicholas Woodman, founder and CEO of GoPro, said in a statement. "We believe the accessibility, speed and efficiency of mobile will make it the predominant editing platform of the future." Terms of the deals were also not disclosed. Shares of GoPro were flat in late trading Monday after ending the regular trading day off 3.4%.