Saturday 21 July 2012

Facebook buys mobile gadget focused Spool

Facebook added more mobile technology to its arsenal with the acquisition of Spool, a startup specializing in bookmarking and sharing content on smartphones or tablets.

"The Spool team has deep expertise in mobile software development and a passion for making content easy to consume," Facebook said on Monday in response to an AFP inquiry. "We're excited for the team to join and accelerate their vision at Facebook."

Financial terms of the acquisition were not disclosed.

Spool let people organize online content using bookmarks so they could access digital stories, videos or other material at their leisure or on different Internet-linked gadgets

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