WEBGR8

Facebook appears to have made a third acquisition — this one smaller than its two previous buys. What’s more, Facebook has shut down the company’s service immediately.

Octazen is a Malaysian company comprising two employees. It provides scripts to import a user’s contacts into a website upon sign up, reports Gigaom.

Why would FacebookFacebook acquire the makers of an address book importer? It appears to be a talent buy, with Facebook employing the team and shutting down their service (aka acq-hire-sition). Liz Gannes quotes Facebook’s Larry Yu explaining:

This is part of our ongoing effort to add experienced, accomplished technical talent to help drive the company forward in its efforts to be the central way for people to connect and share information.

A statement on the Octazen site reads:

The Octazen team wanted to let you, our valued customers, know that the company recently received an offer to acquire most of the company’s assets and to employ those assets in a different direction. After carefully evaluating this offer, our team believes this is a wonderful opportunity of which we must take advantage.

As a result, effective immediately, Octazen will no longer accept new service contracts or renew existing service contracts, and will enter a transition period to wind down operations.

Facebook’s previous two acquisitions — Parakey (a web operating system) and FriendFeedFriendFeed (social aggregation and search) — both added excellent engineers to the Facebook team at the cost of the original services. While FriendFeed still exists, it’s barely used and the site’s features have largely been merged into Facebook, to the disappointment of loyal FriendFeed users.

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