By Ben Parr, October 29, 2010 — Updated 2323 GMT (0723 HKT)
Simple file-sharing service Drop.io has been acquired by Facebook.
“Today, we’re proud to announce that we’ve struck a deal with Facebook,” the company said in an announcement on its blog. “What this means is that Facebook has bought most of drop.io’s technology and assets, and Sam Lessin is moving to Facebook.”
- Drop.io, which makes a file-sharing service, says it’s been acquired by Facebook
Drop.io was led by Sam Lessin, a former consultant for Bain & Company. He attended Harvard University (2001-2005) and even knew Mark Zuckerberg during the early days of Facebook. Now he will take up a new role at the world’s largest social network.
As a result of the acquisition, drop.io will be shutting down. Paid accounts will be discontinued on December 15. This is yet another talent acquisition for Facebook. The data on drop.io will be deleted by the end of the year.
