Facebook has acquired 72 organizations. Their most recent acquisition was Pryte on June 3, 2014

Facebook is a social networking website, which enables people to communicate, discover, share and connect with each other. It has social media applications that run on personal computers, mobile devices and other communications. You can share your ideas, opinions, videos, photos and other activities with a group of people. Facebook’s products include Oculus, WhatsApp, Messenger, Instagram and Facebook. The company was founded on 4th February, 2004 and the founders include Mark Zuckerberg, Eduardo P. Saverin, Andrew McCollum, Chris R. Hughes, and Dustin Moskovitz. Facebook’s headquarter is located in Menlo Park, CA.

Facebook currently has around 17,000 employees and a total turnaround of $36.5 Billion per year. It has 2.07 Billion active users, which is nearly 27% of the world’s population. Facebook has acquired 65 companies so far. Its biggest acquisition is WhatsApp, which was closed at $19 Billion. WhatsApp charged $40 per user and this is how the total price was decided. Other than that, ConnectU was acquired by Facebook in a court settlement. Most of the companies that Facebook has acquired are located in United States and more than half of them are located in San Francisco.

A large number of Facebook acquisitions are talent-based and most of them were shut down. Mark Zuckerberg once stated that we don’t buy companies for the material, we buy companies for its people. He believes it is best to acquire a company that has a strong founder. However, Instagram was an exception to this statement.

Facebook’s first acquisition was its own domain name. The latest Facebook acquisition is Tbh, which is an app designed by a few high school students. The company’s acquisition game is quite strong and the picks it makes are just splendid. Facebook tries to improve its quality of people through acquisitions, which automatically makes its tech side better. All the Facebook acquisitions are listed below.

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Pryte
acquired by Facebook

on June 3, 2014
IT
Undisclosed

ProtoGeo
acquired by Facebook

on April 24, 2014
Mobile
Undisclosed

Ascenta (UK)
acquired by Facebook

on March 28, 2014
Solar-Powered Drones
Undisclosed
Oculus VR

Oculus VR
acquired by Facebook

on March 25, 2014
Virtual Reality
$2bn
WhatsApp

WhatsApp
acquired by Facebook

on February 19, 2014
Mobile Instant Messaging
$19bn

Branch
acquired by Facebook

on January 13, 2014
Internet
$15m

SportStream
acquired by Facebook

on December 17, 2013
Consumer Electronics
Undisclosed

Onavo
acquired by Facebook

on October 14, 2013
Social Network
$150m

Jibbigo
acquired by Facebook

on August 12, 2013
Language Learning
Undisclosed

Monoidics
acquired by Facebook

on July 18, 2013
Analytics
Undisclosed

Parse
acquired by Facebook

on April 25, 2013
Cloud Computing
$90m

Spaceport.io
acquired by Facebook

on April 23, 2013
Online Games
Undisclosed

Osmeta
acquired by Facebook

on April 11, 2013
Software
Undisclosed

Hot Studio
acquired by Facebook

on March 14, 2013
Web Design
Undisclosed

Storylane
acquired by Facebook

on March 8, 2013
Content Marketing
Undisclosed

Atlas Solutions
acquired by Facebook

on February 28, 2013
Internet
Undisclosed

threadsy
acquired by Facebook

on August 24, 2012
Social Media
Undisclosed

Spool
acquired by Facebook

on July 14, 2012
Enterprise Software
Undisclosed

Bolt | Peters
acquired by Facebook

on June 21, 2012
Test and Measurement
Undisclosed

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