Facebook is expecting to acquire a total of 20 new companies in 2011 in an effort to better compete with Twitter and Google, Bloomberg reported on Tuesday. The social network purchased 10 new companies last year and just one in 2009, but has already acquired 13 various firms this year. Most recently, Facebook purchased the group-messaging service Beluga, which was created by several former Google employees, and re-released it as the “Facebook Messenger” product for the iPhone and Android smartphones.
Boy Genius Report, Facebook fighting Twitter, Google with acquisitions
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