The contractor is to create a system that allows customers to use the iPhone or Android for checking into stores and get a gift of discounts, coupons or points.
The acquisition of an undisclosed amount is the final step in the social networking giant after a while and then buy Instagram worth $ 1 billion. "We are pleased to confirm that the founder Tagtile join Facebook. Facebook will acquire most assets of the company," said Facebook, as reported by the Times of India, Sunday (04/15/2012).
Meanwhile, the founder of the startup has also presented a statement in a web posting on the company. "We started with a simple goal Tagtile help local business owners to build better relationships with their customers," says founder Tagtile.
"We are pleased to announce that we join Facebook. This is an opportunity for us to take our goals and do it on a larger scale than we could do ourselves, "he added.