Facebook Gains Mobile Development Team with Spool Deal

Facebook has gained the development team, but not the technology or assets of startup Spool, a mobile app developer that has in the past created programs for both the Android and Apple iOS operating systems.

The terms of the deal were not disclosed but on its blog Spool announced that it was now becoming part of Facebook and that it was shutting down its site and provided instructions on how to move off of Spool.

The company had only come out of beta late last year and started 2012 off by raising $1 million from a number of angle investors that included SVAngle, Felicis Ventures, Start Fund, Stephen Chen, Bill Lohse and Charles River Ventures. Its apps enable users to bookmark Internet content, including video, for later reading both on and off line.

The move is part of a growing trend from Facebook, and others, to purchase companies more for their design teams and capabilities than their actual products. Some of the recent deals from Facebook include Face.com and Glancee. Google has recently purchased Quickoffice and Meebo.

For Facebook the recent deals all appear to be centered on enhancing its mobile technologies, an area that it has admitted it is having issues in monetizing. Facebook has said that Spool’s team will help develop building tools to facilitate consumption of mobile content.