Meta has completed 3 recorded acquisitions and 1 divestiture or spin-off, spanning 2012 to 2023.
| Date | Type | Assets | Counterparty | Value |
|---|---|---|---|---|
| May 2023 | Divestiture | GIPHY | Shutterstock | $53m |
| May 2020 | Acquisition | GIPHY | — | $315m |
| Oct 2014 | Acquisition | — | $19bn | |
| Sep 2012 | Acquisition | — | $1bn |
Meta sold Giphy to Shutterstock for a reported $53 million, about a sixth of what it had paid three years earlier, to comply with the divestiture ordered by the Competition and Markets Authority.
Meta acquired Giphy for a reported $315 million without notifying the British competition regulator in advance, which it was not required to do. The Competition and Markets Authority opened an inquiry after the fact and ultimately ordered the acquisition unwound.
Facebook acquired WhatsApp for approximately $19 billion in cash and stock, the largest sum ever paid for a venture-backed company at the time. The European Commission cleared the deal in October 2014.
Facebook acquired Instagram, then a thirteen-person company with no revenue, for about $1 billion in cash and stock. The final consideration fell as Facebook shares declined between announcement and closing.
Full chart with a text equivalent, free to republish with attribution.
Ownership recorded here as having ended, whether or not a deal record with a filing behind it exists for the transfer.
| Brand | Owned from | Until | Owner today |
|---|---|---|---|
| GIPHY | May 2020 | May 2023 | Shutterstock |