Facebook acquires stealth startup Osmeta
A Facebook spokesperson confirmed the acquisition, but did not offer any additional information. Osmeta did not share an update on its website.
San Francisco-based Osmeta was made up of 19 engineers and led by Amit Singh, who previously worked at Google and started the Chrome OS project. Osmeta was operating in stealth mode, but notes on its site, “We are working on really, really interesting software technology. It’s big.”
In a testimonial on the site, Atlantic Bridge general partner Brian Long says, “The technology they are developing has the potential to be a major driver of change in the software industry, while opening up an enormous market opportunity in one of the industry’s fastest growing and and most dynamic sectors: mobile.”