Facebook has acquired Little Eye Labs, a one year old Bangalore based startup. The company on Wednesday confirmed rumors that it was being acquired by the social networking giant.
Little Eye Labs said on the site
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!
Little Eye Labs was founded last year and was backed by GSF & VenturEast Tenet Fund. The company released its official version of Little Eye for Android in early April. Its tools help developers measure, analyze and optimize their app’s performance (demoed at NextBigWhat’s recently held bigMobilityConf).
The company said that the Little Eye Labs team will move to Facebook’s headquarters in Menlo Park, California.
Current customers of Little Eye will receive further information on plans to offer a free version of Little Eye until June 30, 2014, the company said.
Sometime ago, there were rumors of this acquisition. At the time, I was skeptical if the deal would go through but at the same time, we’d said that we’d be happy to be proven wrong. And I was proven wrong. We hope more such deals happen in the coming year.