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Facebook Announces Agreement To Acquire FriendFeed

Amit Chowdhry | August 10, 2009 | 394 views | Comments
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Facebook has announced today that they will be acquiring FriendFeed.  This is not a shocker because Facebook previously made an attempt to buy out Twitter for $100 million in cash and the $400 million in stock.  Over the last year, Facebook has rolled several FriendFeed-like features into the social network.  One of the features they took from FriendFeed was the concept of “Like.”

One of FriendFeed’s popular features is that the more comments a story receives on the news feed, the more it floats up to the top.  This concept is similar to the Reddit and Digg homepage.  FriendFeed’s voting system is real-time, but Facebook’s news feed popular stories constantly has to be refreshed.

As part of the acquisition, FriendFeed’s team will be joining Facebook.  This includes Paul Buchheit, Bret Taylor, Jim Norris, and Sanjeev Singh.  Buchheit was responsible for early stage development of GMail over at Google.

Facebook sent out a press release regarding the acquisition.  Check it out after the jump:

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