Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million
VC Cafe
MARCH 20, 2011
Snaptu announced the deal on its blog , but didn’t confirm the terms of the deal. As of today, Snaptu has 30 million installs and is distributed on the app stores of Nokia (Ovi), Vodafone, Airtel, Blackberry, Sony Ericcson and Getjar, the largest independent application store. The acquisition is supposed to close in a few weeks.
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