Glancee Acquired By Facebook!

Looks like Facebook is out for shopping. After the much hyped acquisition of mobile photo sharing app Instagram for $1 billion, Facebook has acquired the 3 person team of Glancee. Glancee is a social, location based app that allowed people to discover communities and people around them with similar interests. Glancee posted a message on their front page announcing the acquisition by Facebook and has also enabled the facility to allow users to download their content, personal information from Glancee, in case they didn't want to be on Facebook acquire Glancee.

The total value of the deal is not yet clear, but I'm quite sure it's in the range of few tens of millions , if not hundreds of millions. One thing is clear - Facebook is targeting hit apps in the mobile domain and is on shopping spree. Who'd be the next? 😀