Facebook Acquires Contact Importing Startup Octazen
February 20th, 2010 admin
Octazen's contact importer helped Facebook make its userbase viral. Facebook last week acquired a small Malaysian startup called Octazen Solutions , maker of a contact importer that the social network had already been using to grow its number of users by encouraging them to invite their email contacts. Spokesperson Larry Yu described the buy as a “talent acquisition,” saying Octazen’s two employees have joined Facebook as engineers. As he put it in a company statement on the acquisition he sent via email: “We’ve admired the engineering team’s efforts for some time now and this is part of our ongoing effort to add experienced, accomplished technical talent to help drive the company forward in its efforts to be the central way for people to connect and share information.” Octazen’s software helps sites like Facebook…

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