1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Malaysia >
  5. Facebook Acquires Octazen Solutions

M&A Deal Summary

Facebook Acquires Octazen Solutions

On February 19, 2010, Facebook acquired internet software and services company Octazen Solutions

Acquisition Highlights
  • This is Facebook’s 2nd transaction in the Internet Software and Services sector.
  • This is Facebook’s 1st transaction in Malaysia.

M&A Deal Summary
Date 2010-02-19
Target Octazen Solutions
Sector Internet Software and Services
Buyer(s) Facebook
Deal Type Add-on Acquisition

Target

Octazen Solutions

Kuala Lumpur, Malaysia
Octazen Solutions maker of a contact importer that the social network had already been using to grow its number of users by encouraging them to invite their email contacts.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Facebook

Menlo Park, California, United States
Category Company
Founded 2004
Sector Internet Software and Services
Employees74,067
Revenue 164.5B USD (2024)
DESCRIPTION
Entrance to Facebook's corporate headquarters in Menlo Park, California.
Entrance to Facebook's corporate headquarters in Menlo Park, California.

Facebook is a social utility company that helps people communicate more efficiently with their friends, family, and coworkers. Facebook develops technologies that facilitate the sharing of information through the social graph, the digital mapping of people's real-world social connections. Facebook was founded in 2004 and is based in Menlo Park, California.

DEAL STATS #
Overall 3 of 87
Sector: Internet Software and Services M&A 2 of 42
Type: Add-on Acquisition M&A Deals 3 of 83
Country: Malaysia M&A 1 of 1
Year: 2010 M&A 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-10 FriendFeed

Mountain View, California, United States

FriendFeed is a service that makes it easy to share with friends online. It offers a fun and interactive way to discover and discuss information among friends.

Buy $48M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-02 Divvyshot

San Francisco, California, United States

Divvyshot, a group photo-sharing service fresh out of private beta. Divvyshot allows for group photo sharing: multiple users can edit albums, which are grouped around various events and places.

Buy -
Mergr

Solution for

Product

Company

Legal