Facebook Buys Another App: TagTile

It didn't drop a billi, though.

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Facebook is serious about its mobile push. Days after picking up Instagram for a cool $1 billion, the company which recently relocated to Menlo Park, Calif. purchased another app: TagTile.

The service provides businesses with a system to reward customers for their patronage. TagTile made a statement on its website announcing the acquisition, saying:

It also says that it won't be taking on any new customers which leads us to believe Facebook will fold the team into its own and have it focus on a Facebook property, like Facebook Offers, which Facebook is rumored to be working on expanding.

[via Slash Gear]

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