Yesterday afternoon the news broke that Facebook acquired mobile start-up, Glancee, a location-based service similar to Highlight.  The following was posted on Glancee’s website:

“We started Glancee in 2010 with the goal of bringing together the best of your physical and digital worlds. We wanted to make it easy to discover the hidden connections around you, and to meet interesting people. Since then Glancee has connected thousands of people, empowering serendipity and pioneering social discovery.

“We are therefore very excited to announce that Facebook has acquired Glancee and that we have joined the team in Menlo Park to build great products for over 900 million Facebook users. We’ve had such a blast connecting people through Glancee, and we truly thank our users for being a part of the Glancee community.”

Terms of the agreement have not been disclosed.  I wonder how much these owners walked away with though?  I kinda like Facebook’s aggressive approaching to buying up competition!

Ryan Gray

Internet Entrepreneur with 15 years of experience in online monetization. Founder and Managing Partner at IMGrind & MobGrind, Revived Media, and iMobiTrax. Learn the ins and outs to mobile marketing and lead generation inside our Private Internet Marketing Forum. Connect with me: