Top 10 Biggest Acquisitions By Facebook

Facebook (FB) has grown into one of the world’s largest corporations. Mark Zuckerberg along with his Harvard roommates started FaceMash in 2004, which later became TheFacebook. The name was later changed to just Facebook. Since its inception, the social networking giant has acquired at least 82 companies. Here we take a look at the top 10 biggest acquisitions by Facebook.

The Menlo Park-based social media giant has spent more than $25 billion on its top 10 biggest acquisitions. The ranking below is based on the mergers & acquisitions data from the research firm CB Insights, media reports, and Facebook’s official announcements.

playgiga and facebook

10- PlayGiga, $78 million (2019)

Over the last few years, Facebook has been investing heavily in cloud gaming. In December 2019, the company confirmed that it had acquired Spanish cloud video gaming startup PlayGiga. Facebook did not confirm the size of the deal, but Cinco Dias reported that it shelled out EUR 70 million ($78 million) for PlayGiga. The startup has been working with wireless carriers to develop game streaming technologies for 5G.

Parse Facebook

9- Parse, $85 million (2013)

Founded in 2011, Parse was a back-end tools provider for mobile developers. Its back-end tools allowed developers to manage log-ins, store data, and run custom code in the cloud. Facebook acquired it for $85 million in a cash-and-stock deal. The social network shut down the Parse developer platform in January 2017.

Redkix facebook logo

8- RedKix, $100 million (2018)

RedKix was an Israeli startup that provided an enterprise messaging platform. It combined email, messaging, and calendar into a single app. It was an acqui-hire for Mark Zuckerberg-led Facebook. It was integrated into Workplace by Facebook. According to CB Insights, Facebook paid $100 million for RedKix.

face.com facebook

7- Face.com, $100 million (2012)

Founded in 2009, Face.com was a facial recognition software company. Its software enabled developers and publishers to scan billions of photos, recognize faces, and tag them. According to CB Insights, Facebook acquired it for $100 million in 2012. However, other reports claim the deal was worth between $55 million and $60 million.

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