Facebook acquires Octazen Solutions - A contact-importing company

Facebook has acquired a small Malaysian startup called “Octazen Solutions,” maker of a contact importer that the social network had already been using to grow its number of users by encouraging them to invite their email contacts.Octazen’s software helps sites like Facebook grow by making it easy for users to invite their contacts on other […]

Facebook has acquired a small Malaysian startup called “Octazen Solutions,” maker of a contact importer that the social network had already been using to grow its number of users by encouraging them to invite their email contacts.

Octazen’s software helps sites like Facebook grow by making it easy for users to invite their contacts on other services. When Octazen receives an email address and password it fetches a list of contacts and puts them in an array for customers to use and store (and hopefully not abuse!). Octazen has taken down most of its site in light of the acquisition, but archived versions show it charged for software licenses between $39 and $200 per domain server plus a yearly update fee.”

[Source]

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Deepak Gupta is a IT & Web Consultant. He is the founder and CEO of diTii.com & DIT Technologies, where he's engaged in providing Technology Consultancy, Design and Development of Desktop, Web and Mobile applications using various tools and softwares. Sign-up for the Email for daily updates. Google+ Profile.