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Facebook acquires start in Indian Little Eye Labs


India's startup scene broke new ground today as online networking behemoth Facebook procured Bangalore-based Little Eye Labs for an undisclosed aggregate. The arrangement was affirmed by aFacebook representative who said, "We are not going to remark on the terms of the arrangement."

The Business Standard reportsthat the Indian item startup makes execution examination instruments that help Android application engineers and analyzers fix issues. The apparatuses permit enhancement of assets utilizing point by point bits of knowledge about the workings of the application being referred to.

Industry sources esteem the arrangement between $10 million to $15 million.

The Little Eye Labs site imparts the tentative arrangements of the organization, expressing, "The whole Little Eye Labs group will move to Facebook's central station in Menlo Park, California. From that point, we'll have the capacity to influence Facebook's reality class base and help enhance execution of their officially magnificent applications. For us, this is a chance to have an effect on the more than 1 billion individuals who use Facebook."

The year-old startup, which got early stage financing from GSF Accelerator, is the brainchild of four Bangalore-based examination specialists who have worked at a portion of the world's greatest tech organizations -Giridhar Murthy (Apple Inc); Kumar Rangarajan (IBM and HP) ; Lakshman Kakkirala (IBM and Yahoo!) andSatyam Kandula, an IIT Kharagpur graduate. Rangaranjan is the current CEO of the organization.

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