Facebook has acquired social network Friendfeed for a total of 35 million euros, including cash and the purchase of shares, to face competition from microblogging platform Twitter .
The Harvard-born social network band data said that FriendFeed 's 12 former Google employees will continue to work as normal until the acquisition takes place, the first since Russian investment group Digital Sky Technologies invested nearly $200 million in Facebook last May.
"Since I first tried FriendFeed, I've admired this team for creating such a simple and elegant way for people to share information," said Facebook CEO and founder Mark Zuckerberg.
For FriendFeed founder Bret Taylor, both companies share a vision of giving customers a tool to share and connect with their friends, a view echoed by co-founder Paul Buchheit, who believes the two companies share a working culture.
In 2008, Facebook attempted to take over Twitter, launching a $500 million offer, which was rejected by the microblogging platform.