Facebook has acquired 72 organizations. Their most recent acquisition was Face.com on June 18, 2012

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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Face.com
acquired by Facebook

on June 18, 2012
Face Recognition
$100m

Pieceable
acquired by Facebook

on June 11, 2012
Mobile
Undisclosed

Karma
acquired by Facebook

on May 18, 2012
Mobile
Undisclosed

Lightbox
acquired by Facebook

on May 15, 2012
Photo Sharing
Undisclosed

Glancee
acquired by Facebook

on May 4, 2012
Search Engine
Undisclosed

Tagtile
acquired by Facebook

on April 13, 2012
Loyalty Programs
Undisclosed
Instagram

Instagram
acquired by Facebook

on April 9, 2012
Photo Sharing
$1bn

GazeHawk
acquired by Facebook

on March 10, 2012
Internet
Undisclosed

Friend.ly
acquired by Facebook

on March 3, 2012
Blogging Platforms
Undisclosed

Sendoid
acquired by Facebook

on February 29, 2012
File Sharing
Undisclosed

Gowalla
acquired by Facebook

on December 2, 2011
Photography
$3m

WhoGlue
acquired by Facebook

on November 28, 2011
Software
Undisclosed

MailRank
acquired by Facebook

on November 15, 2011
Email
Undisclosed

Strobe
acquired by Facebook

on November 8, 2011
Web Development
Undisclosed

Push Pop Press
acquired by Facebook

on August 2, 2011
Marketing
Undisclosed

Sofa
acquired by Facebook

on June 9, 2011
Developer Tools
Undisclosed

Daytum
acquired by Facebook

on April 27, 2011
Analytics
Undisclosed

Snaptu
acquired by Facebook

on March 20, 2011
Mobile
$70m

Beluga
acquired by Facebook

on March 1, 2011
Messaging
Undisclosed

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