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Monday, 14 October 2013

Facebook buys Israeli mobile analytic start Onavo,in a bid to bring billions of people online

Facebook buys Israeli mobile analytic start Onavo,in a bid to bring billions of people online
Those in developing nations should be smiling by now don't you think? since Facebook is going to make use of the start-up tools to help bring  



As part of its plans to connect more people online, Facebook on Monday, acquired Three year-old Israeli startup Onavo,  a mobile analytic company that helps people save money on internet access by reducing the rate of mobile data usage with its developed apps and, also helps developers design better experiences for people. The deal is said to be worth between $100 million to $200 million, the terms of the deal weren't disclosed. But press over there are pegging those amounts.

Onavo
With Onavo's data compression technology, Facebook goals of spreading internet access will be fulfilled by using data more efficiently.

Onavo offers different range of products among which is Onavo count, which shows a more deeper information on your mobile data usage.