Facebook - Earnings - Money - 001

A firm called Mobile Technologies, developer of the iOS app “Jibbigo” announced Monday that it has been acquired by Facebook. The company was started in 2001 and prides itself on its translation application, which works either online or offline. Jibbigo users can speak or type out a language and it will translate it to one of twenty or more languages – similar to what Android users get with Google Translate.

“Facebook, with its mission to make the world more open and connected, provides the perfect platform to apply our technology at a truly global scale,” the company said on its website, without clarifying how Facebook might use the service in the future. It’s possible Facebook will add speech translation technology to its mobile application, specifically to boost its chat client, though we’re only speculating.

Neither Facebook nor Mobile Technologies commented on terms of the deal, or whether or not Mobile Technologies will continue to support Jibbigo.