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"Simple file-sharing service Drop.io has been acquired by Facebook.\n\"Today, we\u2019re proud to announce that we\u2019ve struck a deal with Facebook,\" the company said in an announcement on its blog.  \"What this means is that Facebook has bought most of Drop.io\u2019s technology and assets, and Sam Lessin is moving to Facebook.\"\nDrop.io was led by Sam Lessin, a former consultant for Bain &amp; Company.  He attended Harvard University (2001-2005) and even knew Mark Zuckerberg during the early days of Facebook.  Now he will take up a new role at the world's largest social network.\nAs a result of the acquisition, Drop.io will be shutting down; paid accounts will be discontinued on December 15.  This is yet another talent acquisition for Facebook; the data on Drop.io will be deleted by the end of the year.\nWe've included Drop.io's full announcement below.  Let us know what you think of the acquisition in the comments:\n\n\"Here at drop.io, we\u2019ve had a great three years helping people privately share pictures, video, audio, documents, andmore. It\u2019s been a thrill to watch the first, thousandth, millionth, and ten-millionth drop be created.\nToday, we\u2019re proud to announce that we\u2019ve struck a deal with Facebook.  What this means is that Facebook has bought most of drop.io\u2019s technology and assets, and Sam Lessin is moving to Facebook.\nIn the coming weeks, we\u2019ll be winding down the drop.io service. As of this week, people will no longer be able to create new free drops, but you\u2019ll be able to download content from existing drops until Dec. 15. Paid user accounts will still be available through Dec. 15 and paid users will be able to continue using the service normally.  After Dec. 15, paid accounts will be discontinued as well.\nPlease download your information before Dec. 15 \u2013 we plan to delete it after that time. No user data or content will be transferred to Facebook, and we\u2019ll send out e-mails to everyone to remind them about the service closing.\nOther drop.io services like Presslift, our Yahoo! Mail Application, and our APIs will stay online for a longer period before the company winds down. We\u2019ll announce more details on that soon. However, starting immediately, we\u2019ll no longer be selling new premium accounts for those services.\nTo our loyal users and fans, we cannotthank you enough for your patronage, support, and feedback (good and bad) over the years.\nWarmest regards, The drop.io Team\"\n"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2010/10/29/facebook-acquires-drop-io/>