Facebook Buys nextstop Travel Site To Get Engineers

Facebook has acquired nextstop, a travel recommendation startup founded by former Google engineers. Plans are to close nextstop, as Facebook appears more interested in engineers Carl Sjogreen and Adrian Graham. The nextstop technology could be used in a location product for Facebook. The nextstop site will be closed on Sept. 1.

Google and Apple aren't the only high-profile companies gobbling up smaller outfits in the tech space. Facebook is getting in on the acquisition game with the purchase of nextstop.

The startup is a web 2.0 service that lets people create and browse through local guides. Essentially, it's a travel recommendation site -- and one that may not live on. The terms of the deal were not disclosed.


Bookmark and Share

No comments:

Post a Comment

Related Posts with Thumbnails