Palo Alto, Calif. – Facebook has acquired Snaptu, the
company that developed a mobile version of Facebook for less-advanced
"feature" mobile phones.
Financial terms of the transaction were not
Founded in 2007, Snaptu develops mobile applications for
"feature" phones, used by the 95% of worldwide mobile users who the
company says don’t own a smartphone.
The company’s Facebook for Feature Phones
app works on more than 2,500 handsets.
Snaptu said the deal is expected to
close within weeks.