Facebook Acquires Assets of U.K. Software Startup Monoidics
As it is not a full company acquisition, only Monoidics’ technical team will be joining Facebook’s London engineering offices after the deal closes.
“In 2009 we started this company with the goal of making the best automatic formal verification and analysis software in the industry,” Monoidics said in a company blog post. “Joining the Facebook team opens up a world of new opportunity for our technology and for our individual and collective scientific expertise.”
Monoidics creates programs that check other software for bugs and problems, and Facebook will use Monoidics’ tools to help improve development of Facebook’s mobile products. That’s obviously an area Facebook is focused on, as the company has sped up product development for its Android and iOS apps over the past few years, due to the shifting of the industry toward mobile.
“This asset acquisition represents our investment in the quality of our mobile applications platform and also our people,” Facebook London engineering team member Phillip Su wrote of the acquisition.
Terms of the deal were not disclosed.