Facebook buys mobile gadget focussed Spool

Advertisement
By Agence France-Presse | Updated: 17 July 2012 11:26 IST
Facebook added more mobile technology to its arsenal with the acquisition of Spool, a startup specialising in bookmarking and sharing content on smartphones or tablets.

"The Spool team has deep expertise in mobile software development and a passion for making content easy to consume," Facebook said Monday in response to an AFP inquiry.

"We're excited for the team to join and accelerate their vision at Facebook."

Advertisement

Financial terms of the acquisition were not disclosed.

Spool let people organize online content using bookmarks so they could access digital stories, videos or other material at their leisure or on different Internet-linked gadgets.

Advertisement

"We started Spool to make content easy to consume on a mobile device," the startup said in a blog post telling users the service was closed and the team joining the world's leading social network.

"We firmly believe that solving these problems will be increasingly important as the world accesses the Internet primarily through mobile devices."

Advertisement

Facebook, which has its headquarters in the California city of Menlo Park, has made a priority of improving its mobile offerings to keep in synch with users who are increasingly accessing the service from smartphones or tablets.

Lack of a clear strategy for making money from users who connect to the social network with mobile devices was considered to be among the reasons Facebook stock sank below its debut price of $38 per share in May of this year.

Advertisement

Facebook shares were trading at slightly less than $30 on the Nasdaq in New York Monday.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Facebook, Spool, smartphone, social, tablet, tablets
Advertisement

Related Stories

Popular Mobile Brands
  1. Here Are the Top iPhone Discounts During Flipkart's Upcoming Summer Sale
  2. These Android Phones Will Be Discounted During the Upcoming Flipkart Sale
  3. As Component Prices Surge, New Leak Reveals Possible iPhone 18 Pro Pricing
  4. These Smart TVs Will Get More Affordable During Amazon's Great Summer Sale
  5. Amazon Great Summer Sale: Best Deals on Smartphones Teased
  1. WhatsApp Could Soon Begin Testing Redesigned Liquid Glass UI for Chats on iOS: Report
  2. Huawei Nova 16 Series Leak Reveals Colour Options; Huawei Nova 16 Pro Max Model Expected to Debut
  3. Itel Power 80 Geekbench Listing Reportedly Reveals Key Specifications, Features
  4. Gemini App Reportedly Gets Extensive UI Redesign on iOS With New Animated Interface
  5. Capital B Secures $1.3 Million From Adam Back for Bitcoin-Focused Strategy
  6. Oppo Reno 16 Pro Bags Multiple Certifications Including TDRA, TÜV Rheinland; Reno 16F Gets NBTC Nod
  7. Lenovo Legion Y70 (2026) Chipset, Battery Capacity and Other Key Specifications Confirmed Weeks Ahead of Debut
  8. Vadam OTT Release Date: When and Where to Watch it Online?
  9. IMP. LIVE TOUR 2026 MAGenter Out on Prime Video: Know Everything About This Nationwide Japanese Tour
  10. OnePlus Ace 7 Leak Suggests Gamers Can Expect Flagship Snapdragon 8 Elite Gen 5 Chipset, Active Cooling
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.