Facebook already acquired many applications and now it is acquired one of the fitness-tracking application named moves.Moves is developed and run by ProtoGeo Oy. The company was founded in Jan 2012 in Helsinki, Finland, to develop a pioneering all-day activity diary for smartphones. Launched in Jan 2013, and called by Apple as ‘surprise hit’, Moves has been downloaded 4 million times to date for iPhone and Android phones. ProtoGeo raised seed funding from Lifeline Ventures, PROfounders, AJP Holding, Juha Lindfors, Jyri Engeström and Tekes.
Moves in their blog mentioned about this,
24 April 2014 – Today, we're delighted to announce that Facebook has acquired our company and the Moves app. Since we launched Moves, we’ve been focused on running a simple and clean activity diary that millions of people have enjoyed using.
Now, we’re joining Facebook’s talented team to work on building and improving their products and services with a shared mission of supporting simple, efficient tools for more than a billion people.
For those of you that use the Moves app – the Moves experience will continue to operate as a standalone app, and there are no plans to change that or commingle data with Facebook.
Thank you for supporting us on this journey, and we’re looking forward to our future at Facebook!
For more details,
http://www.moves-app.com/
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