Facebook Purchases Parakey

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[ Social Media]

Facebook has purchased Parakey, a not yet launched "Web operating system" run by Blake Ross and Joe Hewitt, co-founders of Mozilla Firefox. The purchase of Parakey is Facebook’s first acquisition.

Ross and Hewitt will join Facebook to work on the development of the Facebook Platform and the company’s Web site.

"Blake and Joe built the Firefox web browser and then turned to the developer community to build on top of the foundation they’d established, not unlike what we’ve done with Facebook Platform," said Mark Zuckerberg, founder and CEO of Facebook.

"The work they’ve done with Firefox and Parakey and their approach to building products fit right in at Facebook."

Ross and Hewitt founded Parakey to build a platform to bridge the gap between information on the Web and the desktop. Financial terms of the deal were not released.

"Facebook Platform is finally making it easy to share experiences with friends and family over the web, a goal Joe and I have worked toward for years," said Ross. "We are thrilled to join the most innovative technology company in the industry."

Facebook Purchases Parakey
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