Facebook Acquisition Of Hot Potato Now Official

Brooklyn-based start-up Hot Potato has confirmed its acquisition by Facebook in a blog postand warned users it would soon be winding down the site. The news was expected – we’ve previously reported that the acquisition took place earlier this summer for around $10 million.

The blog post says: “This wasn’t an easy decision, especially since we’ve built up a base of dedicated users. If Hot Potato was going to sell to anyone, Facebook was the natural choice.