Divvyshot Purchased by Facebook

An agreement between Internet startup Divvyshot and social networking giant Facebook (News - Alert) has been reached.

Facebook will acquire many of Divvyshot’s assets and the three men behind the photo sharing site will join Facebook’s engineering team and focus on Facebook Photos.

“We’re thrilled to work with some of the most talented engineers in the world in a dynamic and fun environment. The choice was easy. Facebook is well known as a company where engineers are given the resources and freedom to build cool stuff and, as a result, the only place where we felt that we would fit in,” reads the announcement posted on Divvyshot’s Web site, which is signed by founder Sam Odio, designer Michael Yuan, and developer  Paul Carduner.

Divvyshots will no longer be accepting new accounts and the letter outlines the timeframe for shutting down the photo site’s operations.  Divvyshot will function normally for the next 2 weeks, at which point users will no longer be able to create events, four weeks from now users won’t be able to upload photos and at the six week mark all visitors will find themselves redirected to Facebook.com.