Facebook Picks Up Design Agency Hot Studio

Acqui-hire brings first designers to company's New York office

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In December Facebook announced that it was setting up a design team in its New York office to work with brands and agencies. Now that team’s getting its first set of designers through the acqui-hire of of bicoastal design agency Hot Studio.

The deal isn’t a straight-up acquisition for the agency and all its properties (which could include offices, technology, intellectual property as well as employees), but instead transitions that agency’s employees into Facebook employees in the company’s Menlo Park headquarters and New York office.

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