According to Bloomberg, Facebook desires to complete 20 acquisitions this year. This is double the number of acquisitions the social giant completed last year.
Facebook has acquired 13 companies so far this year.
Any further Facebook acquisitions this year will be focusing on designers (better design will mean more user growth, retention and engagement, believes Facebook). But since Google is still not Google, money wise, hence Facebook will probably be going after smaller companies in the coming months.
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Facebook to acquire 7 More companies this year
Facebook to acquire 7 More companies this year
Anil Singh
Tuesday, August 23, 2011
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