Facebook acquired the assets of online photo sharing site Divvyshot. As a result, the company will be shutting down as the management team and staff move to Facebook's engineering team to work on Facebook Photos.
Divvyshot has pulled back its iPhone app and will not be opening any new accounts. The rest of the company's operations will be pulled back over a period of weeks. In 2 weeks, the event creation feature will be disabled. In 4 weeks, photo uploading will be disabled, with complete redirection to Facebook.com coming in 6 weeks.