The social networking giant has acquired Bangalore-based startup Little Eye Labs, its first acquisition in India which helps to to improve their mobile development and take it to a new level.

Little Eye Labs, was founded in May 2012 by Giridhar Murthy, Kumar Rangarajan, Satyam Kandula, and Lakshman Kakkirala. Murthy has worked at Apple; Rangarajan at IBM and HP, Kandula is an IIT Kharagpur alumni and Kakkirala has earlier worked with IBM and Yahoo.

The entire Little Eye Labs team will move to Facebook's headquarters in Menlo Park, from where they can "leverage Facebook's world-class infrastructure." Little Eye Labs released the first official version of the Little Eye analysis tool for Android in April 2013.

The current CEO of Little Eye Labs, said that they are excited to work alongside the team at Facebook. "We'll continue on our mission of building analysis tools to aid the development of mobile apps,"

The company also reassured its current customers that, they will receive further information on plans to offer a free version of Little Eye until June 30, 2014.

Both the companies did not reveal the financial details of the transaction.