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Facebook Acquires Drop.io, Nabs Sam Lessin

October 29th, 2010 10:14 admin Leave a comment Go to comments

New York-based ocial sharing site Drop.io has just posted the breaking news of its acquisition by Facebook on its company blog. This looks like it is the latest in a series of talent acquisitions by the social giant.

“Today, we’re proud to announce that we’ve struck a deal with Facebook.  What this means is that Facebook has bought most of drop.io’s technology and assets, and Sam Lessin is moving to Facebook.

In the coming weeks, we’ll be winding down the drop.io service. As of this week, people will no longer be able to create new free drops, but you’ll be able to download content from existing drops until Dec. 15. Paid user accounts will still be available through Dec. 15 and paid users will be able to continue using the service normally.  After Dec. 15, paid accounts will be discontinued as well.”

Stay tuned, this story is still being updated with more info.

Source: Facebook Acquires Drop.io, Nabs Sam Lessin

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