
Facebook has announced the completion of their very first acquisition by acquiring Parakey, a startup run by Blake Ross and Joe Hewitt, co-founders of Mozilla Firefox.
Going by the comments of Mark Zuckerberg, founder and CEO of Facebook, it seems as if the deal was more about getting Blake Ross and Joe Hewitt on board at Facebook than what Parakey had to offer ...
Blake and Joe built the Firefox web browser and then turned to the developer community to build on top of the foundation they’d established, not unlike what we’ve done with Facebook Platform ... The work they’ve done with Firefox and Parakey and their approach to building products fit right in at Facebook.
Its amazing to think that Facebook has been around since 2004 and this is the very first acquisition they've made. But I guess with Mark and the crew over at Facebook, if you can grow a website into the top social networking site in less than 3 years, why would need to go acquire other companies?
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