Facebook buys Indian mobile tech start-up 'Little Eye'

Published January 8, 2014
With Facebook users increasingly logging in from mobile phones, Bangalore-based Little Eye will help Facebook develop performance analysis and monitoring tools that provide data such as the memory and power consumption of applications.—Reuters Photo
With Facebook users increasingly logging in from mobile phones, Bangalore-based Little Eye will help Facebook develop performance analysis and monitoring tools that provide data such as the memory and power consumption of applications.—Reuters Photo

NEW DELHI: Facebook has bought an Indian mobile technology start-up called Little Eye Labs, the first business deal in the country by the world's biggest social network, the Indian firm said.

With Facebook users increasingly logging in from mobile phones, Bangalore-based Little Eye will help Facebook develop performance analysis and monitoring tools that provide data such as the memory and power consumption of applications.

“This is Facebook's first acquisition of an Indian company, and we are happy to become part of such an incredible team,” Little Eye said in a statement on its website Wednesday.

Though neither companies disclosed the value of the deal, reports said industry estimates were around $15 million.

“The Little Eye Labs technology will help us to continue improving our Android codebase to make more efficient, higher-performing apps,” Facebook engineering manager Subbu Subramanian said, according to The Economic Times.

Little Eye Labs, which says it was founded about a year ago “by a bunch of program analysis geeks”, will now move its operations to Facebook headquarters in California.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Reserved seats
15 May, 2024

Reserved seats

AFTER the Supreme Court took exception to its decision to hand over reserved seats claimed by the Sunni Ittehad...
Secretive state
15 May, 2024

Secretive state

THERE is a fresh push by the state to stamp out all criticism by using the alibi of protecting national interests....
Plague of rape
15 May, 2024

Plague of rape

FLAWED narratives about women — from being weak and vulnerable to provocative and culpable — have led to...
Privatisation divide
Updated 14 May, 2024

Privatisation divide

How this disagreement within the government will sit with the IMF is anybody’s guess.
AJK protests
14 May, 2024

AJK protests

SINCE last week, Azad Jammu & Kashmir has been roiled by protests, fuelled principally by a disconnect between...
Guns and guards
14 May, 2024

Guns and guards

THERE are some flawed aspects to our society that we must start to fix at the grassroots level. One of these is the...