Breaking: Facebook’s First Acquisition in a Muslim Country- Octazen Solutions

20 Feb, 2010

Around a week ago, the most popular social network in the world Facebook acquired a 2 employee Malaysian startup, called Octazen Solutions , which develops contact importer software that facebook was reported using for some time now, according to GigaOM today’s story by Liz Gannes .

Facebook spokesmen told GigaOM that this is a “talent acquisition”  and that Octazen will remain based in Malaysia, making them the first Facebook’s “visible” full time employees based in Asia. ( We heard there are few of others who work form 2 Arab countries.)

Facebook has now 400 million users, including 250 million added last year alone, email invites was the main reason behind its growth and Octazen Contact importer played a pivotal rule in Facebook expansion, since they made it easy for facebook users to import their email address-book after the users submits his email and password. As users usually do not remember their contacts email addresses and even if they did, they won’t type 100 email address to invite.

Before the acquisition Octazen was licenseing its software to other customers.

If anything the Octazen story can teach entrepruners: focusing on solving a small problem with 2 team members can be more fruitful than trying to solve big and complex problems, and you do not need to be in Silicon Valley to start something global.

With this acquisition facebook has now acquired 3 companies including Friendfeed and Parakey.
(via insidefacebook.)

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  1. Digg it… : URBN  |  February 21st, 2010 at 6:37 AM #

    […] we like his ten tips for startups. Also some interesting new this morning: Facebook’s first acquisition in a Muslim country, although it is Malaysia, so maybe let’s not read too much into it here […]

  2. adel  |  February 25th, 2010 at 10:46 AM #

    reading the title of this post will give the impression that facebook chose this company because it’s in a muslim country, which i find very rediculous.

  3. Gaith  |  February 26th, 2010 at 7:50 PM #

    thank you for your comment adel, the title is not miss leading:

    Octazen Solutions is Malaysian startup, Malaysia is a muslim country. if Facebook acquired a Russian startups in Russia it would be facebook first acquisition in Russia and the acquisition would not necessary means bc the company is from russia. Yahoo google and others acquire companies around the world, and many of these startups provide international products. so nothing is miss leading.

  4. steve  |  March 11th, 2010 at 3:03 AM #

    You can not believe how long ive been googling for something like this. Through 7 pages of Google results without finding anything. First page of bing. There this is…. Gotta start using that more often
    Atomic Blogging World

  5. zefi  |  April 13th, 2010 at 8:34 PM #

    If by ‘Muslim country,’ you mean ‘Islamic country,’ you’re wrong; Malaysia is a secular country.

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