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Facebook Snatches Israeli Mobile Analytics Startup Onavo

Facebook (NASDAQ:FB) reached a deal over the weekend to acquire Israeli mobile analytics startup Onavo,  the latest sign of how focused the social network is on its mobile business.Founded in 2010, privately-held Onavo offers mobile utility apps and a mobile market intelligence service. The compnay, backed by a number of venture-capital firms, has apps that help users measure how much data they download and optimize data plans.“We’ve built world-class products and a remarkably talented team which has pioneered important breakthroughs in data compression technology and mobile analytics. Today, we’re eager to take the next step and make an even bigger impact by supporting Facebook’s mission to connect the world,” Onavo co-founders Guy Rosen and Roi Tiger said in a blog post on Sunday.Terms of the transaction were not disclosed, but Israeli media reports suggest Facebook paid between $150 million and $200 million.Facebook declined to comment on the value of the deal."Onavo will be an exci...

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