Mergers & Acquisitions

Facebook acquires Branch, Potluck

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Image: Stockfresh

14 January 2014

Facebook has acquired Branch Media, makers of the Branch and Potluck online conversation-sharing software packages, a founder of Branch announced.

Branch Media, based in New York, will join a Facebook group called Conversations, Branch cofounder Josh Miller wrote in Facebook post.

Facebook’s pitch to the two-year-old company was to “build Branch at Facebook scale,” Miller wrote.

Terms of the deal weren’t immediately available.

The Branch software package allows users to host invitation-only conversations about Web-based content. Potluck is a mobile app that allows friends to chat about various topics.

“Although the products we build will be reminiscent of Branch and Potluck, those services will live on outside of Facebook,” Miller wrote.

Branch Media is backed by a group of investors including Twitter veterans Biz Stone, Evan Williams and Jason Goldman, who run investment firm Obvious.

Grant Gross, IDG News Service
@grantgross grant_gross@idg.com

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