Latest in Acquisition

Image credit:

Facebook increases focus on 'conversations' with purchase of Branch and Potluck

Zach Honig
01.13.14
8 Shares
Share
Tweet
Share

Sponsored Links

In a move a company spokesperson termed an acqui-hire, today Facebook snapped up the 10 person team behind Branch and Potluck. Josh Miller and Cemre Güngör created the company in 2012 with financial support from Twitter co-founders Ev Williams and Biz Stone, and launched Branch, a social platform, alongside Potluck, a "web and mobile app designed for friends to hang out and talk about cool things they find online." According to The Verge, the deal is valued at $15 million. Both products will now fall within the social giant's umbrella, with the team forming a new Conversations group in New York City. Confirmed in a post from Miller, Branch and Potluck will "live on outside of Facebook," with products resembling both of the existing platforms to come.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
8 Shares
Share
Tweet
Share

Popular on Engadget

US military will no longer use floppy disks to coordinate nuke launches

US military will no longer use floppy disks to coordinate nuke launches

View
SpaceX begins construction of its next-generation Starship rockets

SpaceX begins construction of its next-generation Starship rockets

View
Lebanon plans to charge a fee for internet voice calls

Lebanon plans to charge a fee for internet voice calls

View
California's Earthquake Early Warning system rolls out statewide

California's Earthquake Early Warning system rolls out statewide

View
Motorola invite hints at a 'reinvented' RAZR

Motorola invite hints at a 'reinvented' RAZR

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr