Facebook announced that it acquires the talented team behind Hot Studio, a top design agency based in San Francisco and New York.
“We began working with Hot Studio on a few projects several months ago. Immediately, we recognized the synergy between our teams and their remarkable talents. Hot Studio has a sixteen-year history working with some of the world’s biggest and best brands. They have an intricate understanding of what businesses need and a flair for building tools and resources to help meet those needs. And this is what we’re bringing them here to do – build amazing tools that help the brands and businesses that use Facebook”,Facebook said in a blog post.
Hotstudio said that “At Hot Studio, we’ve built a team that amazes us every day with their talent, ambition, and ideas. In joining Facebook, we’ll have the opportunity to unleash that talent at a scale that impacts the way businesses and over a billion people around the world communicate. We’re excited to take this next step together, and join one of the greatest companies in the world”.
Facebook did not share the financial terms of the deal.
