Facebook acquires Nascent Objects read more at here www.spinonews.com/index.php/item/921-facebook-acquires-nascent-objects
Facebook has acquired Nascent Objects, a small California startup that offers modular electronics system that consumers could use to build their gadgets, using reconfigurable components including camera, batteries, sensors and more.
Nascent Objects was founded in 2014, aimed to make it easier for developers to go from concept to product in a matter of weeks.
Nascent Objects worked with design firm Ammunition to create its original products prior to being picked up by Facebook.
CEO Baback Elmieh announced the move on the company’s homepage: Nascent Objects was founded on the principle that product development shouldn’t be so hard. That’s why we created the world’s first modular consumer electronics platform – to make product development fast, easy and accessible. By combining hardware design, circuitry, 3D printing and modular electronics, our technology allows developers to go from concept to product in just weeks, much faster and less expensive than traditional methods.
Excited to announce that we are joining @facebook! See a message from our founder & CEO @BabackE on https://t.co/Xqb5WrZf38
— Nascent Objects (@NascentObjects) September 19, 2016
Facebook’s Regina Dugan, VP of Engineering for Building 8 at Facebook, posted the video below to her FB profile, noting that “[t]ogether, we hope to create hardware at speed that’s more like software.”
Nascent Objects will join Facebook’s Building 8, the company’s new top-secret hardware lab run by former Ex-Googler Regina Dugan, who used to run Google’s advanced technology and products team that did things like 3-D mapping and modular smartphones.
Facebook did not reveal the deal terms for the acquisition, but Nascent Objects founder and CEO Baback Elmieh is joining Facebook along with “other key members” of the startup, according to a his blog post on Nascent Objects homepage.
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