News Update :

Facebook buys Israeli startup Onavo for more than $150 million

Tuesday, 15 October 2013

Under deal, Facebook agrees, for the first time, to run an R&D center in Israel.

Facebook, the world’s largest social network, has signed an agreement to acquire the Israeli startup Onavo for more than $150 million. Onavo, the developer of an award-winning mobile utility app and the company behind Onavo Insights, made the announcement Monday morning to its employees and published a notice on its blog.
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