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Parakey goes to Facebook

Justin Smith has a breaking news about Facebook acquiring Parakey:

Just received word from Facebook that the company has made its first acquisition: Parakey, a startup founded by Blake Ross and Joe Hewitt, co-founders of Mozilla Firefox.  Ross and Hewitt will join Facebook immediately to work on the Facebook Platform.

I have been following Joe Hewitt, specially his work on Firebug and lately on iUI. Both are outstanding projects. Facebook is getting solid talent with this acquisition. Both founders of Parakey are smart dudes.

Still can’t believe why Google allowed Parakey to slip. From whatever I have heard of Parakey, it fits right into the sweet space of Desktop and Internet synchonization. Google Gears is an early attempt in that direction.

Facebook seems to be focused more on being a social-network-of-record for all application developers.
With F8 they came out with smart cloud based platform. Combining Parakey with existing toolbar (which is fairly advanced as far as toolbars go) they have a pretty interesting desktop strategy. One can only imagine how they plan to integrate the two.

If that’s what their ultimate vision is then I wouldn’t be surprised if they followup this acquisition with some more. They need mobile platform as well. By getting Hewitt, they managed to get a guy who is at the forefront of iPhone hacking. Won’t be surprised if F8 gets iPhone compatibility soon.

Great timing as Google gets busy with congress and realizes that too much hiring not only hurts quarterly results but can also result in culture dilution.

Category: Entrepreneurship, Tech

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