Facebook acquires FriendFeed

One more deal in the Silicon Valley. As the battle between MSFT, YAHOO, GOOGLE heats up, Facebook lands up a deal with Friendfeed. With Real time search making waves in the tech field and twitter leading the race, Facebook has a good opportunity to partner with Friendfeed and compete head on head with Twitter. The market space of search is indeed getting very exciting. The deal amount was of $5oM but the most interesting part of the deal is that all the senior executives at Friendfeed (apparently all the ex-googlers with real time search experience), will join Facebook. A solid gain for Facebook for $50M.