Looks like Facebook is on a tear over the past week. Sure, no one at Facebook can really talk about the stuff that goes on behind the scene at the social network, but over the past few days, they’ve been making some definite waves that seems to be surely affecting the way people view the service and potentially their stock price. First, it was Facebook bolstering its photo capability with a monumental acquisition of leading photo service Instagram for a whopping $1 billion. Then, Facebook announced perhaps a life-saving and historic event–promoting being an organ donor. And now, it’s news that Facebook is moving its check-in feature beyond the traditional sense and making it more about introducing you to new people. Just how does the company plan on making this happen? By acquiring proximity app service Glancee.
Considered one of the latest products that could have been a “star” at this year’s South by Southwest, Glancee emerged onto the scene with some enormous potential, but also within a crowded marketplace. A couple months ago, there were nearly a dozen different of these so-called proximity applications, from market leader Highlight to others like Sonar, Banjo, Intro, EchoEcho, and several others, Glancee is probably the first such application to see an exit. Available for both iPhone and Android devices, Glancee states that it “makes it fun and safe to discover people nearby who share friends and interests with you.” Perhaps it was Glancee’s direct integration with Facebook that caused it to be appealing for an acquisition, since Glancee intended to leverage Facebook data to help you find people of interest instead of just showing you who is around you–it’s giving you some additional relevancy in helping you grow your social network. (more…)