Facebook closes acquisition of Little Eye Labs
Facebook has officially acquired Bangalore-based startup Little Eye Labs, the company’s website announced. Little Eye Labs makes a tool that can track and fix performance issues with Android apps. The acquisition should bolster Facebook’s Android applications, which received overhauls in 2013.
Terms of the deal were not disclosed, but sources told TechCrunch previously that the deal was worth between $10 million and $15 million.
Facebook Engineering Manager Subbu Subramanian confirmed the deal in a statement:
I’m excited to announce that we’re acquiring Little Eye Labs, a company that produces world-class technology to help developers build more efficient products with Android. This is an opportunity to welcome some of the industry’s most talented engineers to our team in Menlo Park, Calif. At Facebook, we remain focused on producing useful and engaging mobile applications. The Little Eye Labs technology will help us continue improving our Android code base to make more efficient, higher-performing apps.
Little Eye Labs also blogged about the acquisition:
Today, we’re very excited to announce that Facebook is acquiring our company. With this acquisition, Little Eye Labs will join forces with Facebook to take its mobile development to the next level! This is Facebook’s first acquisition of an Indian company, and we are happy to become part of such an incredible team.
Little Eye Labs was founded about a year ago by a bunch of program analysis geeks who wanted to build better tools for Mobile developers and were later backed by GSF and VenturEast Tenet Fund. We released our official version of Little Eye for Android in early April of this year, and since then we have had many Android developers and testers using Little Eye Labs to measure, analyze, and optimize their app’s performance. We’re thankful for the opportunity we’ve had to make an impact in the development of some of the best apps out there.
The entire Little Eye Labs team will move to Facebook’s headquarters in Menlo Park, California. From there, we’ll be able to leverage Facebook’s world-class infrastructure and help improve performance of their already awesome apps. For us, this is an opportunity to make an impact on the more than 1 billion people who use Facebook.
Readers: How can Facebook’s Android apps be improved?