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Tuesday, June 3, 2014
Facebook Buys Finish Mobile Data Plan Company Pryte
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Facebook is buying acquiring Pryte, a Finnish
company that offers mobile phone users the chance to use apps
without buying a mobile data plan.
Facebook expects the deal to close next month.
It did not disclose any financial terms.
"We are excited to get started, and make an even greater impact
by advancing the work we are doing in collaboration with
Facebook's great team working to further Internet.org?s goal of
making affordable internet access available to everyone in the
world," the Pryte team said in a statement.
Pryte was founded in 2013 by a team of telecom and internet
veterans with the mission "to let users forget about mobile
data and simply enjoy apps every day." As part of its efforts,
the company has enabled many partnerships between app and
content providers, and mobile operators.
Facebook is primarily interested in the team behind Pryte, led
by Chief Executive Markku Makelainen, Chan said.
Pryte's service has not been released yet. It is designed to
make easier for consumers without wireless data plans to use
online services by selling passes that would provide access to
particular mobile apps, such as Facebook.
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