Drop.io has announced that Facebook had acquired most of drop.io’s technology and assets, and its founder, Sam Lessin will be moving to Facebook.
As a result, drop.io will be winding down the drop.io service; people will no longer be able to create new free drops, but existing drops will be made available for content download until 15 Dec. Paid user accounts will also be available till 15 Dec and its users will be able to continue using the service normally. Drop.io urges its users to download their information before 15 Dec as they plan to delete it thereafter. Drop.io emphasized that no user data or content will be transferred to Facebook as part of the deal.
Other drop.io services such as Presslift, its Yahoo! Mail Application, as well as its APIs will stay online for a longer period before the company winds down, and more details on that will be announced.
Tough luck for Yahoo! Mail; first, Picnik, Flickr’s online photo editor partner was acquired by Google earlier this year, now drop.io. Drop.io was Yahoo! Mail’s “ingenius” way to let its users attach files of up to 100 mb without having to invest in inhouse development, and also one of the poster boys for its Open Strategy.