Facebook has acquired file upload and content sharing service Drop.io. The news has been confirmed in an announcement on Drop.io blog. CEO and Founder of Drop.io, Sam Lessin is soon moving to be a part of social networking giant Facebook.
Drop.io has halted uploads of new “drops” for free accounts and a timeline is given before they stop the rest of their services. You have to move your uploaded files until December 15. After that the files will be permanently deleted.
The Drop.io blog said: “Today, we’re proud to announce that we’ve struck a deal with Facebook. What this means is that Facebook has bought most of drop.io’s technology and assets, and Sam Lessin is moving to Facebook.”
CNET reported an interesting fact:
“Facebook’s ties to Drop.io run deep. Lessin had attended Harvard University along with Facebook founder Mark Zuckerberg, and David Kirkpatrick’s book “The Facebook Effect” describes him as a crucial early player in Facebook’s early days.”
This simply means that the file storage service is coming on Facebook. Drop.io was in a competition with services like Dropbox and Box.net. If Facebook is going to announce its storage service, it is definately going to eat up competitors like Dropbox and Box.net