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Old 07-20-2007, 04:00 AM   #1
rakib
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Default Facebook buys start-up Parakey for undisclosed sum

Facebook Inc., the fast growing Silicon Valley social networking site, said on Thursday it has acquired Internet start-up, Parakey, run by two of the co-creators of the popular Web browser, Mozilla Firefox.

Parakey, founded by Blake Ross and Joe Hewitt, is described in a statement as a company seeking to bridge the gap between the immediacy of information stored on local desktop computers and the collaborative power of data stored on Web sites.

Details at http://news.yahoo.com/s/nm/20070720/...ook_parakey_dc
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