Add-on Acquisition • Digital Media

Facebook Acquires PlayGiga S.L.

On December 18, 2019, Facebook acquired digital media company PlayGiga S.L. for 70M EUR

Acquisition Context
  • This is Facebook’s 1st transaction in the Digital Media sector.
  • This is Facebook’s 8th largest (disclosed) transaction.
  • This is Facebook’s 1st transaction in Spain.

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M&A Deal Summary

Date December 18, 2019
Target PlayGiga S.L.
Sector Digital Media
Buyer(s) Facebook
Deal Type Add-on Acquisition
Deal Value 70M EUR

Target Company

PlayGiga S.L.

Madrid, Spain
PlayGiga is a cloud-based digital gaming company headquartered in Madrid, Spain.
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Buyer Overview 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 Context for Buyer #
Overall 74 of 89
Sector: Digital Media 1 of 6
Type: Add-on Acquisition 72 of 85
Country: Spain 1 of 1
Year: 2019 3 of 3
Size (of disclosed) 8 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-23 CTRL-labs

New York, New York, United States

CTRL-labs is developing a non-invasive neural interface platform that lets developers reimagine the relationship between humans and machines with new, intuitive control schemes.

Buy $500M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-25 Sanzaru Games

Foster City, California, United States

Sanzaru Games is a digital game studio that produces rich, immersive, and original VR game content. The Company has created four titles for the Oculus platform since 2016, when they were the first developer to partner with the Oculus Studios team (Ripcoil, VR Sports Challenge, MARVEL Powers United VR, Asgard’s Wrath).

Buy -