Facebook Will Acquire 15 Companies in 2011
In an effort to "absorb new ideas and technology," Michael Brown, Facebook's corporate development manager, announced at a recent seminar that the social networking site plans to acquire 15 new companies in 2011. That's seven more than Facebook purchased in 2010, when the company picked up Hot Potato, Drop.io, Divvyshot, Chai Labs, Friendster and others.
Startup founders, this means your odds of getting acquired by Facebook are looking better than ever. Startup technology lovers, this probably means you're twice as likely to have your heart broken next year. Facebook lovers - it sounds like you're going to see some more cool features coming to the world's biggest social network, at a fast and furious pace.
Read the full story at ReadWriteWeb.