Consolidation of Facebook-related companies made its way across the pond, as Ireland-based Facebook marketing firm Betapond announced its acquisition of U.K.-based application developer iPlatform, as reported by TechCrunch.
We now know that Facebook’s initial public offering will open at $38 per share (tomorrow morning. But what price will it reach at the end of the trading day?
Following Facebook’s announcement yesterday that it had topped 900 million monthly average users, the obvious next milestone is 1 billion, and according to Ireland-based bookmaker Paddy Power, August is the early favorite for when that mark will be reached.
“We don’t plan on doing many more of these, if any at all,” Facebook Co-Founder and Chief Executive Officer Mark Zuckerberg said in announcing the social network’s $1 billion acquisition of photo-sharing service Instagram. Want to bet?