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Facebook acquires social startup SportStream

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ANI Washington
Last Updated : Dec 18 2013 | 3:20 PM IST

Facebook has reportedly acquired social startup SportsStream that provides sports fan with social chatter and updates about their favourite sports in a personalized feed.

The startup was launched in June 2012 and is backed by business magnate Paul Allen and its acquisition for an undisclosed amount by the social networking giant indicates to a competition with rival Twitter as a source of real-time information around major events.

Facebook's vice-president of media partnerships and global operations, Justin Osofsky said that SportStream's acquisition will help them build a better experience for the people who use Facebook, and partners who depend on them for real-time insights, Mashable reports.

The social networking site's SportsBase platform lets media partners like teams, leagues, individual athletes or media outlets create their own social media-fueled experiences, both for fans and for their own insight.

The report said that SportStream's staff will move to Facebook's Menlo Park headquarters.

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First Published: Dec 18 2013 | 3:13 PM IST

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