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Confirmed: Facebook Acquires Snaptu (For An Estimated $60 – $70 Million)

Tech Crunch – According to several Israeli business newspapers (TheMarkerCalcalist) Facebook has acquired Snaptu for an estimated $60 – $70 million, although some reports peg the price lower, at around $40 million.

Update: a Snaptu executive has confirmed the acquisition to our friend Orli Yakuel, but declined to discuss the purchase price or other terms of the deal.

Update 2: and the confirmation is up on Snaptu’s blog. The acquisition is apparently expected to close within a few weeks.

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