(Adds comments from Facebook)
Jan 8 Facebook Inc is buying India-based
Little Eye Labs, a startup that builds performance analysis and
monitoring tools for mobile Android apps, to boost its
technology as it focuses on growing its mobile business.
The terms of the deal were not disclosed, but media reports
suggest the price was less than $15 million. A Facebook
spokesman said the company would not comment on the terms of the
"The Little Eye Labs technology will help us to continue
improving our Android codebase to make more efficient,
higher-performing apps," Subbu Subramanian, Facebook's
engineering manager said.
The deal, the social networking giant's first in India,
could likely boost interest in the country's startups.
Bangalore-based Little Eye Labs' team will move to
Facebook's headquarters in Menlo Park, California, the company
said in a statement on its website. (link.reuters.com/qud85v)
"We released our official version of Little Eye for Android
in early April of this year, and since then we have had many
Android developers and testers using Little Eye Labs to measure,
analyze, and optimize their app's performance," the company
The one-year old company is backed by GSF and VenturEast
(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by