Facebook Acquires Design Firm Hot Studio
Facebook has acquired Hot Studio, a design company that is based in San Francisco and New York City. Hot Studio’s team will be joining Facebook. Hot Studio customers include Cisco, Warner Music Group, Ancestry.com, and Charles Schwab. A Hot Studio employee tweeted that this is Facebook’s largest talent acquisition ever.
My employer @hotstudio has been acquired by Facebook. I’m told that this is the largest talent acquisition FB has ever done.
— Bill Fisher (@fisherwebdev) March 14, 2013
Below is a statement that Facebook made about the acquisition:
“We began working with Hot Studio on a few projects several months ago. Immediately, we recognized the synergy between our teams and their remarkable talents. Hot Studio has a sixteen-year history working with some of the world’s biggest and best brands. They have an intricate understanding of what businesses need and a flair for building tools and resources to help meet those needs. And this is what we’re bringing them here to do – build amazing tools that help the brands and businesses that use Facebook.”