Facebook acquiring app optimization tool developer Little Eye Labs

The first Facebook acquisition in India reflects a growing focus of local startups on technology development

Facebook is acquiring Little Eye Labs, an Indian developer of a tool for performance analysis and monitoring of Android apps, the startup said.

The financial terms of the deal were not disclosed. Little Eye said on its website that it had stopped accepting new customers for its tool, and it is working on a free version of the tool that current customers can use until June 30.

Little Eye in Bangalore said its entire team will move to Facebook's headquarters in Menlo Park, California. "From there, we'll be able to leverage Facebook's world-class infrastructure and help improve performance of their already awesome apps," the company said in a post on its website on Wednesday. "For us, this is an opportunity to make an impact on the more than 1 billion people who use Facebook."

The startup released its official version of its product Little Eye for Android in April last year, and since then "had many Android developers and testers using Little Eye Labs to measure, analyze, and optimize their app's performance."

Little Eye, founded in 2012, spotted a good opportunity in app optimization as Android adoption picked up, and more importantly made itself visible, said Sanjay Anandaram, who advises startups in Bangalore.

The acquisition, which was first rumored late last year, is described as Facebook's first acquisition of an Indian company, and reflects the transition by Indian startups from the more popular business model of services outsourcing to developing technologies and products, usually targeted at mobile markets.

These technology-focused startups will have to look abroad to be acquired as there are no large Indian technology companies to acquire them, only IT services companies, Anandaram said. The acquisition of Little Eye will draw attention to the potential of Indian companies, he added.

Facebook could not be immediately reached for comment on the acquisition.

John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. John's e-mail address is john_ribeiro@idg.com

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags mobile applicationsbusiness issuesAndroid OSLittle Eye LabsmobileFacebookMergers and acquisitions

Struggling for Christmas presents this year? Check out our Christmas Gift Guide for some top tech suggestions and more.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

John Ribeiro

IDG News Service

Most Popular Reviews

Follow Us

Best Deals on GoodGearGuide

Shopping.com

Latest News Articles

Resources

GGG Evaluation Team

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell

LIFEBOOK UH574

The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi

STYLISTIC Q702

The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott

STYLISTIC Q702

My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.

Latest Jobs

Shopping.com

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?