Facebook set to acquire Indian startup Little Eye Labs for up to $15mn

Facebook is reportedly set to acquire an Indian startup, Little Eye Labs in a deal valued to be between 10 million dollars and 15 million dollars.

Bangalore-based Little Eye Labs’ primary product is a software tool for analyzing Android apps’ performance.

According to TechCrunch, Facebook’s acquisition of the Indian startup would mean a lot for the one-and-a-half years old company, which also pitched to Twitter but the social networking giant offered a better deal.

The final deal is expected to be signed by mid-January following which most of the Little Eye Labs’ founding team will move to Facebook’s US headquarters, and work there as part of the mobile engineering team, the report added.