Well, here is another yet interesting acquisition in the industry.  The California based company Facebook announced today that they will acquire Friendfeed.  Financial terms of the acquisition have yet to be shared in the press release.

Facebook and FriendFeed share a common vision of giving people tools to share and connect with their friends,” said Bret Taylor, a FriendFeed co-founder and, previously, the group product manager who launched Google Maps. “We can’t wait to join the team and bring many of the innovations we’ve developed at FriendFeed to Facebook’s 250 million users around the world.”

“As we spent time with Mark and his leadership team, we were impressed by the open, creative culture they’ve built and their desire to have us contribute to it,” said Paul Buchheit, another FriendFeed co-founders. Buchheit, the Google engineer behind Gmail and the originator of Google’s “Don’t be evil” motto, added, “It was immediately obvious to us how passionate Facebook’s engineers are about creating simple, ground-breaking ways for people to share, and we are extremely excited to join such a like-minded group.”

“Since I first tried FriendFeed, I’ve admired their team for creating such a simple and elegant service for people to share information,” said Mark Zuckerberg, Facebook founder and CEO. “As this shows, our culture continues to make Facebook a place where the best engineers come to build things quickly that lots of people will use.”

I imagine it will be some time before FriendFeed is fully dissolved into Facebook.  This is great news for both companies.  They share a common goal of connecting the world; and now they are one step closer.  Although Facebook will be acquiring FriendFeed, all 12 FriendFeed employees will be joining the FaceBook team as part of the acquisition between the two companies.

What are your thoughts, good, bad, eh??