Need Help? Talk to Our Experts
Facebook or should we say, “The Facebook,” was created by Mark Zuckerberg in February 2004. Initially created solely for college students attending specific schools, it reached one million users in just 10 short months after its inception. Fifteen years later in 2020, Facebook has nearly 2 billion users! This number doesn’t even include Facebook’s acquisitions like WhatsApp and Instagram (to name a few).
During this wave of extreme growth, Mark Zuckerberg has acquired 85 companies to date. Facebook’s largest acquisition so far has been WhatsApp Messenger, which they purchased for $19 billion in February 2015. Other notable acquisitions include Instagram ($1 billion in April 2012) and Oculus Virtual Reality ($2 billion in March 2014).
Some of Facebook’s smaller purchases include the domain fb.com, which it bought for $8.5 million in November 2010 and the hosting and sharing platform Drop.io, which it bought for $10 million in October 2010. Just a few million dollars each, no big deal for Facebook, whose IPO started out at $38 per share (in May 2012), which sits at roughly $93 per share in mid/late-August 2015.
However, in January 2018, Facebook acquired confirmo.io, a Government-issued ID verification platform based in Boston, USA and during July purchased Bloomsbury AI($30,000,000) and RedKix($100,000,000). The year 2019 saw just two purchases, Chainspace and GROKSTYLE during February. CTRL-Labs with a value rumored to be between 500 Million and a Billion, Giphy for 400 Million, and Kustomer for 1 Billion Dollars are some of the big-ticket purchases made by Facebook between September 2019 and November 2020
This infographic contains the complete list of companies acquired by Facebook founder Mark Zuckerberg from August 2005 till date.
We will periodically be updating this as Facebook continues to make new acquisitions. There are some interesting trends such as the rise of facial recognition and virtual reality in social media that stand out from these acquisitions. We hope you enjoy it!
Also on TechWyse
The Amazing Facebook Image Sizes and Dimensions Cheatsheet (2019)
Email Outreach for Link Building: The Definitive Guide
A big thanks to the TechWyse Team who helped to design and manage this infographic with all the acquisitions by Facebook made till 2020. Well done guys!
The total cost of Facebook’s acquisitions to date is $ 23,360,700,000. And that’s just from the acquisition costs they disclosed!
Facebook is a perfect example of a company that has more buying power than entire nations.
Post By Ramzeen A V (11 Posts)
Ramzeen is the co-founder & Social Monk at Ranking Monks. He loves big ideas, brand strategy and uncanny ability to make his clients look solid on social media. You’ll usually find him on a football pitch or trying new teas!
Refund Policy|Terms & Condition|Blog|Sitemap