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Facebook Acquires Feature Phone App Maker Snaptu

March 20th, 2011 03:08 admin Leave a comment Go to comments

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Krystalo writes “Facebook has agreed to acquire Snaptu, an Israeli startup that makes Java-based feature phone apps, for an estimated $70 million. The acquisition, for which neither company would reveal financial details, is expected to close within a few weeks. Earlier this year, Facebook worked with the mobile development firm to build a feature phone app that is accessible free of data charges in various overseas markets. The company says the Facebook for Feature Phones app currently works on more than 2,500 devices.”

Source: Facebook Acquires Feature Phone App Maker Snaptu

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