Facebook purchased Onavo, an Israeli-based analytics company, to help fuel the company's push into getting more out of its terabyte and petabytes of data.
"Onavo will be an exciting addition to Facebook," said Facebook regarding the purchase. "We expect Onavo's data compression technology to play a central role in our mission to connect more people to the internet, and their analytic tools will help us provide better, more efficient mobile products."
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