>Facebook Buys Feature Phone Developer "Snaptu" For Up To $70 Million

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Facebook has made one of its biggest moves yet in its strategy to dominate mobile services: the social network has acquired Snaptu, a developer of apps for feature phones, for a sum believed to be up to $70 million. The acquisition is Facebook’s first outside of the U.S. and enhances the work Facebook has already done to make its services accessible to more than just smartphone users in developed markets.

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