13 January 2014

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Facebook buys Indian company Little eye labs

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Facebook has acquired Indian startup Little Eye Labs, the social network's first acquisition of a company in that country.
Little Eye Labs announced on Wednesday that it has been acquired by Facebook. In April, the company officially released its tool, Little Eye Labs for Android, which analyzes and optimizes Android application performance for developers. The terms of the deal were not disclosed.
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.

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