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Facebook to acquire mobile software app Tagtile: Report
Nifty could again test the 200 daily moving average or DMA of 5148. This has acted as a strong support for the past two months.
14 Apr 2012, 10:22 PM IST 
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Facebook Inc will acquire privately held Tagtile, a customer loyalty mobile application, according to published reports.
Facebook, which is preparing for an initial public offering, said it will acquire substantially all of the assets of the San Francisco startup and Tagtile founders will join the social networking company, Bloomberg News reported.
The financial terms were not disclosed.
Copyright @Thomson Reuters 2012