tag:blogger.com,1999:blog-3509381421021191501.post-41235794253859733162007-07-20T12:58:00.000-07:002007-07-20T12:59:30.392-07:00Facebook's First Acquisition: a 'Web Operating System' Parakey<p>Straight from TechCrunch, Facebook has made its first acquisition with Parakey, the "web operating system" created by Mozilla co-founders Blake Ross and Joe Hewitt.<br /><br />Its CEO having recently cooled speculation of an IPO or potential sale, this move suggests Facebook has indeed set sights on becoming more than just a pretty web property.<br /><br /><br /></p></br><br /><span class="fullpost"><br /><p>Parakey is a big step for web-based apps. Yet to launch, it can manipulate just about everything on a computer's hard drive and automatically synchronize any work done offline.<br /><br />There are rumors that Google was a bidder, but it could not compete with Facebook's pre-IPO stock.<br /><br /><br /></p></br><br /></span>Perfect Domainhttp://www.blogger.com/profile/12404243111659601804noreply@blogger.com