Facebook buys Onavo

Social Networking giant Facebook has reportedly bought Israeli mobile data analytics startup Onavo. The company  revealed the news on Monday.

However the details of the deal is yet unknown, though it is speculated that Facebook has pay around $150 million to $200 million to acquire the company.

Israel-based startup Onavo was founded in 2010 by Guy Rosen and Roi Tiger and it works on mobile application data including mobile app analytics and measurement for marketers and mobile security.

With this transaction Facebook will acquire both technology and employees. Facebook to run their operations from Onavo’s Tel Aviv headquarters which is from now on Facebook’s first and new address in Israel.

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“I dare do all that may become a man. Who dares more is none”. And all, may be. It may be the vigor. Or the spirit. Or the courage to avoid being “politically correct” or bent. And, ban all averse with immaculate overture of graciously fathomable words firm in views. Subtle. Justifying the undying conscience. Values. Knowledge. And, dares to stay true. True to own. True to the world. And, to the words. With a dream in eyes it exists. In you. In me. In all. The sprite that never shies away. The spirit that never dies!