- The Business Standard reports Facebook (FB -0.6%) is in talks to buy Little Eye Labs, an Indian startup that has developed tools to monitor/analyze Android app performance, and troubleshoot problems. Sources state a deal is expected to be announced over the next few weeks.
- If it happens, the acquisition would strengthen Facebook's efforts to evolve into a de facto platform for developing mobile and Web consumer apps, social-themed or otherwise.
- Those efforts received a major boost earlier this year through the acquisition of popular mobile/Web app development tool platform Parse. They were later strengthened by Facebook's purchase of Onavo, whose mobile utility apps generate mountains of valuable data for third-party developers about how their apps are used.
at Investor's Business Daily (Thu, 4:17PM)