News

Deal Announcements

Facebook Buys Parakey As First Acquisition

Friday, July 20, 2007 5:00:00 AM PDT | VentureDeal Staff

PALO ALTO, CA -- Social networking site Facebook.com announced that it has acquired Parakey as its first company acquisition.

Parakey was founded by Blake Ross and Joe Hewitt, who also founded Mozilla Firefox, the popular open source Internet browser.  The company was in stealth mode at the time of acquisition.

Both Ross and Hewitt will join Facebook's team to work on the Facebook development platform.  Financial terms of the acquisition were not disclosed.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.