Facebook Acquires Data Compression Startup Onavo (FB)
October 14, 2013 at 14:10 PM EDT
Israeli startup, Onavo, was acquired by Facebook (NASDAQ: FB ), according to an Onavo blog post Monday. Onavo makes data compression software, which Facebook said it planned to use in promoting the goals of Internet.org. Internet.org is a pet project of Mark Zuckerberg who hopes to offer mobile