Top 10 Businesses Owned by Facebook New Updates 2022

Facebook, founded in 2004 by Mark Zuckerberg, is the dominant social media application. It is unquestionably the monarch of its genre. Importantly, Facebook has not restricted its reach to its parent business, Facebook, but has instead bought some of the largest companies in existence. Facebook adheres to a simple creed: acquire the firm before it becomes a competitor. Its name is shared by the top five technology-related businesses, namely Microsoft, Amazon, Apple, Google, and Facebook.

Nonetheless, we will examine the top 10 firms controlled by Facebook in 2021 in this article. Therefore, please have a seat, as we are about to reveal the secret behind Facebook being a trillion-dollar company.

The Top Ten Businesses Owned By Facebook

Facebook is a trillion-dollar firm, and it is exceedingly difficult for a parent company to generate such a large revenue stream. Facebook has a pattern of acquiring companies that resemble possible competitors in the future. In terms of numbers, Facebook has bought 78 businesses since its founding. Therefore, what firms does Facebook own? Below are listed all Facebook, Inc. subsidiaries for 2021.

1. Instagram

Yes, you may be startled to learn that Facebook owns another social media giant, Instagram. Remember the Facebook mantra: purchase a business before it becomes a potential competitor. Instagram was founded in 2010 and operated independently until Facebook acquired it for $1 billion in 2012.

Instagram

According to numerous statistics, Instagram makes more advertising money than Facebook. Upon acquiring Instagram, Facebook intends to develop Instagram as a standalone photo-sharing application.

2. Facebook’s WhatsApp

Surprise! Surprise! WhatsApp, the most popular messaging application, is acquired by Facebook. WhatsApp was created as a less expensive alternative to text messaging providers. And WhatsApp continues to operate under the same premise, namely providing free calling and messaging services.

Facebook acquired WhatsApp for $19 billion; WhatsApp was worth $1.5 billion at the time of acquisition. However, there is no information available on WhatsApp’s annual revenue. According to some projections, WhatsApp will earn $5 billion by 2021.

3. Oculus VR

Facebook purchased Oculus VR, a virtual reality hardware and software business, just a few weeks after purchasing WhatsApp. The company is well recognised for its Oculus Rift, a gaming-specific headset. Since Facebook’s acquisition of Oculus VR, Oculus has made a number of acquisitions, with Surreal Vision being the most prominent.

Oculus VR

In 2014, Facebook acquired Oculus VR for $2 billion. And because of this acquisition, Oculus was able to establish itself in the market for virtual reality.

4. Onavo

Onavo was a web analytics business whose primary purpose was to identify client usage. It was launched in 2010 and operated independently until October 2013, when Facebook purchased it for an estimated $100-$200 million.

However, many experts believe that Onavo is not the most important Facebook, Inc. subsidiary. But according to us, Onavo assists Facebook in making key early decisions on the acquisition of other companies and applications.

5. Beluga

In 2011, less than a year after its introduction in 2010, Facebook purchased Beluga. Unfortunately, the cost of acquisition has not yet been made public. Beluga was originally a chat app.

Faced with Beluga, Facebook purchased the most successful social media messenger platform. This acquisition demonstrates that Facebook has once again bought a prospective competitor.

6. CTRL-labs

In 2019, Facebook purchased CTRL-labs, a New York firm that focuses primarily on inventing a method for humans to control computers using their thoughts. The exact cost of the acquisition is unknown, however numerous sources estimate that it ranges from $500 million to $1 billion.

CTRL-labs

Since 2016, Facebook has been working on brain computing technology. And the acquisition of CTRL-labs will be of tremendous assistance to them.

7. LiveRail

LiveRail is a video ad tech business whose primary mission is to link advertisers with web and mobile publishers. The company was acquired by Facebook in 2014 for $500. LiveRail, which was introduced in 2007, has a large customer base that consists mostly of Major League Baseball, ABC Family, A&E Networks, Gannett, and Dailymotion.

In 2013, LiveRail aimed to generate $100 million in income, but Facebook’s offer of $500 million is significantly more attractive.

8. FriendFeed

FriendFeed is one of the initial firms in which Facebook has made an investment. FriendFeed was acquired by Facebook in 2008 for $47.5 million. FriendFeed was primarily a platform that aggregated content from social media networks, blogs, articles, and RSS feeds.

FriendFeed

FriendFeed was a firm that allowed users to share links and status updates online at the time of its purchase. Facebook paid approximately $15 million in cash, with the remainder invested in Facebook stock.

9. Ascenta

Facebook acquired Ascenta in 2014 for an undisclosed sum. According to numerous reports, the amount is significantly less than $20 million. At the time of the acquisition, Facebook stated that they are not particularly interested in the company itself, but rather in the minds of the engineers that work there.

Ascenta is a manufacturer of solar-powered drones whose mission is to bring internet connectivity to the most remote locations. Facebook essentially acquired the five-person engineering team from Ascenta.

10. Little Eye Labs

Little Eye Labs, an Indian startup business, was bought by Facebook in 2014 for $15 million. According to Facebook, Little Eye Labs developed software that provides an accurate analysis of various Android applications, and this software would help them increase their productivity.

Little Eye Labs

Little Eye Labs has not updated its website or social media accounts since the acquisition, so it is unclear whether they are still working with Facebook.

Last Words

These are the top ten firms that Facebook owns. Are you startled by the appearance of any of the names in this post? Please indicate this in the comment box. In addition, please make comments and recommendations regarding the topic in the space provided below.

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