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."

Financial terms of the acquisition were not disclosed.

Advertisement

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.

 

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

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

Related Stories

Popular Mobile Brands
  1. Samsung Galaxy S24 Ultra Deal Revealed Ahead of Amazon GIF Sale
  2. Xiaomi Announces Offers on These Products Ahead of Amazon, Flipkart Sales
  3. Nothing Ear 3 With 'Super Mic' Feature, Up to 45dB ANC Launched: See Price
  4. DJI Mini 5 Pro With 1-Inch Camera Sensor Launched at This Price
  5. Amazon Great Indian Festival Sale 2025: Check Early Deals on Tablets
  6. These Samsung Phones Will Get Price Drops Ahead of Festive Season
  7. Amazon Sale 2025: Check Top Deals on These iQOO Smartphones
  8. iQOO 15 Design Leak Reveals Colour-Changing Panel: See Benchmark Scores
  9. These Companies Fired Over 10K Employees Between July and September 2025
  1. Rare ‘Crescent Sunrise’ Solar Eclipse to Grace Skies Over Antarctica and New Zealand
  2. Sun Shows Signs of Rising Activity Following Decades of Weakening, Study Finds
  3. IMAP Space Weather Mission to Lift Off Soon, NASA Confirms Broadcast Plans
  4. Microsoft's Xbox Full-Screen Experience Leaks on Other Windows Handhelds Ahead of ROG Xbox Ally Debut
  5. Cellecor Comet CBS-05 Pro Bluetooth Speaker Launched in India: Price, Features
  6. Samsung Galaxy S24 Ultra, Galaxy S24 FE, Galaxy A55 5G and More to Go on Sale With Discounts During Festive Season
  7. Coinbase Urges US DOJ Action as SEC Mulls Dropping Lawsuit Against Crypto Exchange
  8. Vivo V60 Lite 4G Design, Specifications Leaked; Tipped to Launch With Snapdragon 685 SoC, 6,500mAh Battery
  9. Nothing Ear 3 Launched With Super Mic Feature, Up to 45dB Active Noise Cancellation: Price, Features
  10. Nvidia Bets Big on Intel With $5 Billion Stake and Chip Partnership
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.