Seeking Alpha

Facebook reportedly set to buy Indian Android app tool developer

  • 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.
Comments (3)
  • futuretrade
    , contributor
    Comments (820) | Send Message
     
    It's plain to see that Zuckerberg is looking to buy a game changing company and with the pool of talent and his money it's only a matter of time before he finds the right company or company's that will make FB a success.
    2 Dec 2013, 01:49 PM Reply Like
  • hneumann
    , contributor
    Comments (619) | Send Message
     
    Sounds like he is going to buy TWTR
    2 Dec 2013, 01:57 PM Reply Like
  • Chiipy-Nostradamus
    , contributor
    Comments (99) | Send Message
     
    FB's MASSIVE float - there is literally a HUMONGOUS # of FB shares out there in circulation, and its such a turnoff. Enough supply to last an all out nuclear war and beyond. This ones supply is gonna outstrip demand to an extent that the stock price goes nowhere from here.
    4 Dec 2013, 02:32 AM Reply Like
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