"We are in preliminary discussions. I cannot share anything beyond this," said Kumar Rangarajan, one of the co-founders of Little Eye Labs. Kumar, who calls himself the chief ion (founders call themselves ions, short for eye-ons), founded the company along with four friends in 2012. Facebook could not be contacted for the story.

Little Eye is a tool that helps Android app developers to measure, analyze and optimize their apps. It helps visualize the app's behaviour and estimates the app's power, memory and network data consumption trends.

Smartphone users are intolerant towards mobile apps that drain battery, crash and perform poorly. Little Eye Labs' research available on SlideShare shows that 44% of users uninstall apps that perform badly. About 96% of users will give such apps a bad rating. Little Eye also makes recommendations to improve an app's performance. "Currently we have 1,500 users and counting," said Kumar.