Facebook has acquired the Bangalore based startup Little Eye Labs. The company makes tool for analyzing the performance of mobile apps. This is the first Indian acquistion by Facebook & shows the Facebook’s strategy of mobile dominance. Parse was another company which Facebook acquired for its move into Mobile area.
The entire Little Eye Labs team will move to Facebook’s HQ in Menlo Park, CA. This is a great move for Indian startup companies & will give a big boost for the Indian companies. The company was backed by GSF and VenturEast Tenet Fund. The company can leverage Facebook’s world-class infrastructure at its HQ & can help improve their apps.