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.

 

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. Inside the OPPO Find X9 Series: A Smarter Approach to Battery Life
  2. Oppo Reno 15 Series India Launch Date, Price Range Leaked
  3. Samsung Galaxy A37, Galaxy A57 May Launch With These Notable Camera Upgrades
  4. Realme 16 Pro Series Camera Details and Realme Buds Air Launch Date Revealed
  5. Xiaomi 17 Ultra's Leica Camera Confirmed to Support Continuous Optical Zoom
  6. Shine On Me Now Streaming Online: Know Everything About Plot, Cast, and More
  7. Xiaomi 17 Ultra, Poco X8 Pro Spotted on IMDA Ahead of Global Launch
  8. WhatsApp Will Soon Let You Use Your Phone to View Connected Peripherals
  9. Paramount's New Offer for Warner Bros. Is Not Sufficient, Major Investor Says
  10. How Much Water Does AI Use? Consumption Now Exceeds World's Bottled Water
  1. Paramount's New Offer for Warner Bros. Is Not Sufficient, Major Investor Says
  2. HMD Pulse 2 Specifications Leaked; Could Launch With 6.7-Inch Display, 5,000mAh Battery
  3. WhatsApp Begins Testing Support for Viewing Connected Peripherals
  4. OpenAI Tipped to Add Skills Feature to ChatGPT, Could Be Available as Slash Commands
  5. Is AGI Possible? Godfather of AI and Google DeepMind Chief Caught in War of Words on Social Media
  6. Honor Win Series Camera Specifications Tipped Days Ahead of China Launch
  7. Oppo Reno 15 Series India Launch Date, Price Range Surface Online; Tipster Leaks Global Variant Price, Features
  8. Clair Obscur: Expedition 33's Game of the Year Win at Indie Game Awards Retracted Over Gen AI Use
  9. Xiaomi 17 Ultra, Poco X8 Pro Listed on IMDA Database; Global Debut Expected Soon After Launch in China
  10. How Much Water Does AI Use? Consumption Now Exceeds World’s Bottled Water, Suggests New Study
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.