Facebook has agreed to buy Snaptu,
an application developer for mobile devices
Facebook will pay up to $70 million for the London-based Snaptu, according to the Israeli newspapers Calcalist and The Marker. Snaptu confirmed the deal, which is expected to close in a few weeks, on its website on Sunday. Snaptu, founded in 2007, develops applications for feature phones, which have fewer capabilities than smartphones. The company helped develop a feature phone Facebook app earlier this year.
