Facebook 'Acqu-Hires' File-Transfer Firm Caffeinated Mind
Add file transfer outfit Caffeinated Mind to the list of companies "acqu-hired" by Facebook, as the social network acquired the company's intellectual property and hired the management team.
Add file transfer outfit Caffeinated Mind to the list of companies “acqu-hired” by Facebook, as the social network acquired the company’s intellectual property and hired the management team.
Caffeinated Mind will shut down its Sendoid in-browser file-transfer service Wednesday, with the desktop version to follow one week later (March 14), and its Expresso big-data-transfer pilot program facing “decaffeination” at some point in the next two weeks.
The three-person Caffeinated Mind team will join Facebook to focus on the development of tools for the social network to share information internally, VentureBeat reported, adding that Facebook did not acquire Caffeinated Mind’s technology in the transaction, and the company is not exploring entry into the file-sharing sector.
Caffeinated Mind Co-Founder John Egan told VentureBeat the three team members feel like they can still have an impact while working with Facebook, and hope to continue their projects at the social network.
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