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Facebook Acquiring Search Company with Google Connections

August 16, 2010, 6:54 am
According to a report from Kara Swisher at Boomtown, Facebook has acquired a company called Chai Labs , though this has yet to be confirmed by either company. Also not confirmed is the price, but it is estimated to be somewhere in the neighborhood of $10 million. Swisher speculates that the acquisition is more focused on acquiring talent, which would certainly fall in line with past Facebook acquisitions.

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