8

Facebook announced its first acquisition today – a low-profile and unlaunched Web OS startup by Firefox founders’ Blake Ross and Joe Hewitt called Parakey — for an undisclosed sum (tens of millions?).

Parakey was founded in 2005 and, though unlaunched, was to be a platform of tools that could manipulate ‘just about anything‘ on your hard drive, closely bridging the gap between your desktop and the web. The startup received early seed fianancing from Sequoia.

The obvious impact of this acquisition is the Facebook Platform. Ross and Hewitt are reportedly going to be immediately joining Facebook, and if it is anything like it sounds, we can start expecting some really cool stuff from Facebook soon.

According to TechCrunch‘s rumour radar, Google was a bidder for Parakey but couldn’t compete with its pre-IPO stock (or at least, possiblities.) An official press release should be issued sometime soon.

Written by | dave

No Description or Default Description Here

Profile

You must be logged in to post a comment Login