Meta Platforms Inc (META): Facebook reportedly set to buy Indian An...

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Monday, 12/02/2013 12:59:49 PM

Monday, December 02, 2013 12:59:49 PM

Facebook reportedly set to buy Indian Android app tool developer
12:53 PM ET · FB

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.
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