Wednesday 8 January 2014

Facebook buys Indian startup Little Eye Labs


Facebook has acquired a startup in India, making it the social network's first acquisition of a company in that country.
Little Eye Labs announced on Wednesday that it was acquired by Facebook. The company, which didn't announce the terms of the deal, analyzes and optimizes Android application performance for developers. Little Eye Labs released its tool in April.
Although few details were shared on the Little Eye Labs site, the company said that its entire team will be moving to Facebook's Menlo Park, Calif. headquarters. The Little Eye Labs team plans on using its optimization tools to "help improve performance of [Facebook's] already awesome apps."
Little Eye Labs customers won't be out of luck just yet. The company says that it'll inform current customers soon on its plans to offer its optimization platform for free until June 30.

SOURCE:news.cnet.com

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