Facebook to acquire UK startup Monoidics
Facebook is to acquire UK startup Monoidics, which makes code verification and analysis tools and specialises in detecting coding errors
Facebook is to acquire UK startup Monoidics, which makes code verification and analysis tools and specialises in detecting coding errors.
The tools are aimed at helping developers to deliver bug-free code, improve security and identify critical components and areas of risk.
Facebook has not disclosed the value of the deal, but once it closes, the Monoidics technical team will join Facebook’s engineering team in London, according to a statement on the company’s website.
“Joining the Facebook team opens up a world of new opportunity for our technology and for our individual and collective scientific expertise,” the statement said.
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Monoidics was founded in 2009 by Italian entrepreneur Dino Di Stefano, and is based in London's Silicon Roundabout area around Old Street, with offices in Seattle and Tokyo.
Through the acquisition, Facebook is seeking to improve the reliability of its mobile apps, which have been criticised for being slow and unreliable, according to the Telegraph.
Facebook has begun upgrading its smartphone apps regularly as its 1.1bn users increasingly access the social networking site through mobile devices.
The acquisition of Monoidics will allow Facebook to improve the speed at which it can verify that the apps are secure and bug-free.