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WASHINGTON: Facebook is reportedly set to acquire an Indian startup Little Eye Labs in a deal valued between $10 million and $15 million.
Bangalore-based Little Eye Labs's primary product is a software tool for analyzing Android apps' performance.
According to TechCrunch, Facebook's acquisition of the Indian startup would mean a lot for the one-and-a-half years old company, which also pitched to Twitter but the social networking giant offered a better deal.
The final deal is expected to be signed by mid-January following which most of the Little Eye Labs's founding team will move to Facebook's US headquarters, and work there as part of the mobil e engineering team, the report added.
via Technology - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE-THzL-ulJN8wbtpmNQ22I45kTGg&url=http://timesofindia.indiatimes.com/tech/tech-news/internet/Facebook-set-to-buy-Indian-startup-Little-Eye-Labs-for-10-15-million-Report/articleshow/27722730.cms
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