Inside Facebook is reporting that Facebook has made its first acquisition: Parakey.
Parakey is developed by the same duo who built Mozilla Firefox, Blake Ross and Joe Hewitt. Parakey’s main page suggests that it’s an online document manager of sorts, leading me to think that Facebook is thinking of adding bells and whistles to further strengthen what it offers its users, which right now is nothing too tangible, frankly.
But by adding Parakey (assuming Parakey does what it suggests it does), I think Facebook became more attractive to both Google and MSFT, both of whom are trying to bolster their online file management services.
Of course, while this might be a nice addition to Facebook, the company really needs to look at acquisition in the scope of Google’s purchase of Applied Semantics and Sprinks which became the springboard of its $10B revenue business.
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July 19th, 2007 at 9:28 pm
Except that Facebook’s founder Mark “CEO,Bitch” Zuckerberg is far too arrogant to sell Facebook. He doesn’t want to get bought by Google- he wants to BE Google.
July 19th, 2007 at 9:45 pm
Perhaps, but wanting to be Google is not actually being Google. Today Google announced that in one quarter it netted almost $1B.
That’s net income of almost $1B.
Facebook will make $100M this year, largely thanks to one deal with MSFT. If Facebook and Zuckerberg want to be Google, then need to start thinking of revenues…