Facebook Acquires SnapTu for $70M, Bloginity is Very Happy!
Bloginity.com recently collaborated with a killer app called SnapTu. Little did we know they would be taking over the mobile app world, literally. Dominating the scene with more than 30 million registered users, SnapTu is truly making giant moves in the mobile space.
The SnapTu team has dedicated their time to create an amazing App for Bloginity. We highly recommend you to download their app and try it for yourself. It is personally my favorite application to use. You can downlod it by going to http://m.snaptu.com from your mobile.
But the relationship between Bloginity and SnapTu isn’t the only benefit! The SnapTu app comes loaded with Twitter, Facebook, games, HuffPost, Jezebel, Gawker, and tons of other options. The growth speaks for itself, 30 million plus are already using it – so what are you waiting for?
According to this morning’s report on TheMarker.com Facebook has acquired SnapTu. Congratulations to our friends at SnapTu!
The SnapTu team was so excited they posted this on their blog this morning.
Our goal when we founded Snaptu in 2007 was to provide useful and innovative services to the 95 percent of mobile users that don’t have access to advanced smart phones.
Earlier this year, we announced the launch of a new Facebook mobile application to give people a great mobile experience on a broad range of feature phones. The Facebook for Feature Phones app currently works on more than 2,500 devices.
We soon decided that working as part of the Facebook team offered the best opportunity to keep accelerating the pace of our product development. And joining Facebook means we can make an even bigger impact on the world.
The acquisition is expected to close within a few weeks. We’ll have more updates on Snaptu soon, and we’ll be working hard to offer a richer and more advanced Facebook app on virtually every mobile phone. During this transition period, we expect Snaptu will continue to operate as it does today.
We’d like to thank everyone involved in the development of Snaptu, especially our millions of loyal users. We can’t wait to get started at Facebook.