Facebook has acquired 11 companies with its largest acquisition being the purchase of FriendFeed. Most of Facebook’s acquisitions have been ‘talent acquisitions’ and acquired products are often shut-down.
Facebook CEO Mark Zuckerberg has stated that “We have not once bought a company for the company. We buy companies to get excellent people… In order to have a really entrepreneurial culture one of the key things is to make sure we’re recruiting the best people… One of the ways to do this is to focus on acquiring great companies with great founders.”
The following startups were acquired by Facebook in 2010.
On february 19, 2010, Octazen , a Contact importer company based in Taman Melawati, Kuala Lumpur was acquired and integrated with Friend Finder.
Divvyshot, a Photo management startup based in San Francisco, CA was acquired on March 2, 2010 and integrated with Facebook Photos.
Friendster , an Intellectual property/Patents company with locations in Mountain View, CA/Kuala Lumpur, Malaysia was acquired on May 13, 2010.
On May 26, 2010, ShareGrove , a Private conversations/Forums startup based in San Mateo, CA was acquired and integrated with Facebook Groups.
A San Francisco, CA based company Nextstop, a travel recommendations service was acquired on July 8, 2010.
Chai Labs based in Mountain View, CA, an internet applications startup was acquired on August 15, 2010
On August 20, 2010 , Hot Potato a check-ins/Status updates company was acquired and integrated with Facebook Places.
Drop.io a file hosting and sharing startup was acquired on October 29, 2010. The company was based in DUMBO, Brooklyn, NY.