Home > slashdot > Facebook Acquires Feature Phone App Maker Snaptu

Facebook Acquires Feature Phone App Maker Snaptu

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


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

Related Articles:

  1. Facebook Reportedly Acquires Snaptu For An Estimated $60 – $70 Million
  2. On the Path to 1 Billion Users: Facebook’s Feature Phone Strategy
  3. Facebook Teams With Snaptu To Launch Rich App For Feature Phones
  4. LinkedIn Teams Up With Snaptu To Launch Smartphone-Like App For Feature Phones
  5. Snaptu Doubles Userbase In 5 Months, Now Has 5.5 Million Active Accounts
blog comments powered by Disqus