Facebook Acquires Social Networking Startup Friendfeed
Friendfeed, a startup founded in 2007 by former employees of Google, has been purchased by Facebook, after an agreement was made on Monday.
The company infrastructure will be absorbed by Facebook and Friendfeed’s 12 employees will move from its headquarters in Mountain View, California to Palo Alto.
There are several details to iron out, such as an integration plan for the future, but I foresee this decision as one of several to come that aids Facebook’s evolution into all-in-one portal resource complete with payment processor and real-time search and communication capabilities.
Written by: Shadeed Eleazer
Tags: facebook, FriendFeed, Power Moves