Tuesday, July 24, 2012

Facebook buys mobile app maker Acrylic




SAN FRANCISCO: The engineer behind Canadian startup Acrylic said Friday that he was closing up his one-man shop and joining the design team at leading social network Facebook.


Facebook confirmed that it has bought Acrylic in an "acqui-hire" that brings on board founder Dustin MacDonald, the creator of mobile gadget applications for news feeds and digital wallets.


 "Facebook is an invaluable service that we all use daily, and a company I believe is one of the most innovative and important around today," MacDonald said in a blog post announcing his move to California.


"After visiting late last year, I discovered that we shared many of the same core product design goals and principles, and it soon became obvious that it was a natural fit."


Acrylic's best-known applications -- Wallet and Newsfeed -- were not acquired by Facebook in the deal. Buying promising startups for the talent and not its products has become common in the competitive internet technology world.

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