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July 19, 2013

Facebook acquires UK based code-verification startup Monoidics

The acquisition would assist in improving the quality of Facebook's mobile apps

By CBR Staff Writer

Facebook has completed the acquisition of UK-based startup Monoidics that sells software that detects coding errors in other software.

The acquisition would enable the social networking site to implement the software to its mobile application development process and website.

Facebook London engineering team director Philip Su said that the acquisition would improve the quality of its mobile apps, which have often been criticised as sluggish or defective.

"This asset acquisition represents our investment in the quality of our mobile applications platform and also our people, as members of their talented engineering team will join us to work at Facebook’s London office once the deal closes," Su said.

"We have always focused on hiring smart, talented engineers — and in this acquisition, we found many.

"Their entrepreneurial spirit and desire to make an impact make them great additions to Facebook."

According to Facebook, Monoidics’ technology is capable of verifying thousands of lines of code for errors and is currently deployed by clients including Mitsubishi, Airbus and ARM.

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Following the closing of acquisition, Monoidics’ technical team will join Facebook’s engineering team in London.

Facebook’s mobile users rose around 20% both in the US and the UK during June 2013, with overall global users reaching around 751 million.

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