M&A Deal Summary

Facebook Acquires Oculus VR

On March 25, 2014, Facebook acquired technology hardware company Oculus VR for 2.0B USD

Acquisition Highlights
  • This is Facebook’s 1st transaction in the Technology Hardware sector.
  • This is Facebook’s 2nd largest (disclosed) transaction.
  • This is Facebook’s 39th transaction in the United States.
  • This is Facebook’s 27th transaction in California.

M&A Deal Summary
Date 2014-03-25
Target Oculus VR
Sector Technology Hardware
Buyer(s) Facebook
Deal Type Add-on Acquisition
Deal Value 2.0B USD

Target

Oculus VR

Irvine, California, United States
Oculus is a technology company focused on re-inventing video games. Oculus produces the Oculus Rift virtual reality headset which is set to be delivered to consumers in 2014.

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Buyer(S) 1

Buyer

Facebook

Menlo Park, California, United States
Category Company
Founded 2004
Sector Internet Software and Services
Employees69,329
Revenue 134.9B USD (2023)
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 48 of 85
Sector (Technology Hardware) 1 of 3
Type (Add-on Acquisition) 46 of 82
State (California) 27 of 40
Country (United States) 39 of 63
Year (2014) 3 of 7
Size (of disclosed) 2 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-19 WhatsApp

Santa Clara, California, United States

WhatsApp Messenger is a cross-platform mobile messaging app which allows you to exchange messages without having to pay for SMS. WhatsApp Messenger is available for iPhone, BlackBerry, Android, Windows Phone and Nokia and yes, those phones can all message each other.

Buy $19.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-24 ProtoGeo Oy

Helsinki, Finland

ProtoGeo Oy provides moves application software it automatically records walking, transportation, cycling, and running activities of a client.

Buy -
Mergr

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