Facebook has closed a deal with the mobile location app that alerts when people with interests which are close to their interests are close by with the deal announced on Glancee’s website.
The Glancee team will join the Facebook team but other terms of the deal between Facebook and Glancee haven’t been disclosed yet.
This is the third company Facebook have bought since filing it’s IPO with the idea of mobile applications the main theme. They’ve bought previously Instagram and Tagtile within one week in April.
Source : Inside Facebook
I think Facebook should stop focusing on buying companies and actually focus on their buisness. Facebook will go down in the dumps soon if they keep doing things like this. They need to get off their backside and work on making Facebook better and not worse.
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