Facebook acquires Hot Studio design team
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Facebook today announced that it has acquired Hot Studio, a design agency based in San Francisco and New York, to build new tools for brands and businesses on the social network.
According to LinkedIn, Hot Studio has 114 employees. Hot Studio developer Bill Fisher said on Twitter that this is the largest talent acquisition Facebook has ever made. Terms of the deal were not disclosed.
Hot Studio had been working with the social network on a few projects over the past few months, and Facebook says it recognized a fit between the two companies.
In a note on the Facebook Design page, Facebook Director of Design Margaret Stewart wrote:
“Hot Studio has a sixteen-year history working with some of the world’s biggest and best brands.