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Facebook drafts FriendFeed in its war against Twitter

Posted Aug 11th 2009 8:20AM by Tom Taulli (RSS feed)
Filed under: Deals, Google (GOOG)

Facebook, the world's largest social network with over 250 million users, agreed to acquire FriendFeed yesterday. The rumor is that the price tag was about $50 million or so.

For the most part, Facebook has avoided acquisitions. The only one was for Parakey, a couple years ago. The main purpose was to get two top programmers who worked on the highly popular Firefox browser.

Continue reading Facebook drafts FriendFeed in its war against Twitter

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