Facebook makes it’s first acquisition

July 20, 2007

Facebook has bought Parakey a start-up created by the Firefox co-founders. Parakey is all about a web operating system and bridging the online and offline experience with storage and synchronisation in mind.

This sits very well with Facebook in my mind. Facebook is fast becoming the social platform of choice, for it to add offline capabilities and tie itself to the desktop would be a huge advantage. Imagine synching your address book and email to Facebook apps, storing images etc that get auto uploaded when you next connect to the Facebook platform etc.

Facebook could become a platform if they play their cards right, they just need to be very careful that the users don’t drag it down to MySpace’s spangly eyesore level.

There are rumours that Google wanted Parakey too but the offer of pre IPO Facebook shares was too tempting for the Parakey execs (unsurprisingly).

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