Feeds

Facebook snaps up Snaptu

Gets democratic with mobile apps

3 Big data security analytics techniques

Facebook is acquiring Israeli mobile app start-up Snaptu for an undisclosed sum. Snaptu develops smartphone-like mobile applications for the masses who do not have high end handsets.

Founded in 2007, Snaptu has been working on apps for the 95 per cent of mobile users that don’t have access to advanced smartphones and has developed platforms for LinkedIn, Facebook, Twitter, Picasa and Flickr. The apps, which can be downloaded by visiting m.snaptu.com, works on any data-capable phone that can run Java.

The Snaptu blog said on the announcement: “We soon decided that working as part of the Facebook team offered the best opportunity to keep accelerating the pace of our product development. And joining Facebook means we can make an even bigger impact on the world.”

In July 2010 the company hit the 10 million registered users milestone.

The company has been backed by VC funding, most recently securing US$6 million in Series B funding from Carmel Ventures and Sequoia Capital. The company's Facebook for Feature Phones app works on more than 2,500 handsets.

The acquisition is expected to close within weeks.

The deal marks Facebook's third acquisition this year, after buying mobile ad company Rel8tion January, and group messaging company Beluga in March. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.