Indian-startup 'Little Eye Labs' confirms acquisition by Facebook

Indian startup “Little Eye Labs” has confirmed its acquisition by Facebook with a deal of around 10-15 million dollars for building apps for the social media giant.

The Bangalore-based company has confirmed its acquisition by the social media giant includes VenturEast and GSF, TechCrunch reports. Little Eye Labs has made a software tool for analysing the performance of Android apps and will now join forces with Facebook to take its mobile development to the next level.

The entire team will move to Facebook’s headquarters in California, where it will build analysis tools to help develop apps, the report added.