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Facebook acquires photo startup Lightbox

Facebook acquire Lightbox, a photo startup

Anthony Garreffa | May 16, 2012 at 11:38 pm CDT (0 mins, 45 secs time to read)

Social networking site, Facebook, in the midst of their IPO roadshow, have just acquired Lightbox. Lightbox is a predominantly Android-based photo sharing startup, which shares quite a lot with the recently-scooped-up Instagram.

Facebook acquires photo startup Lightbox | TweakTown.com

Lightbox will be closed by Facebook, and the company will most likely use staff developers for Android-based development. No terms of the deal have been announced. Just after the announcement, Lightbox stopped accepting new users, with existing users having until June 15 to conclude business and download all remaining photos from the service.

Existing photos will not be transferred to Facebook, which is a bummer. Lightbox's founders are quite happy with the deal, where they've said they are:

Happy to announce that the Lightbox team is joining Facebook, where we'll have the opportunity to build amazing products for Facebook's 500+ million mobile users.

On a good note, no layoffs have been announced, nor are they expected.

Last updated: Apr 7, 2020 at 11:26 am CDT

NEWS SOURCE:electronista.com
Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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