Tag: Parse

Facebook Buys Parse in Cash and Stock Deal Valued $85 Million

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Facebook has acquired Parse in Cash and Stock Deal Valued $85 Million.

Parse, which was founded in 2011 and has raised $7 million from investors like Ignition Partners, helps companies build mobile applications across different operating systems.
Parse is basically an app that makes it much easier to build other apps by giving users a library of some of the most widely-used functions in an app.