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COMPANY HISTORY

2014
Acquires Whatsapp
Acquires Whatsapp

In February 2014, Facebook acquired WhatsApp for $19 billion. This helped to expand Facebook’s reach in mobile messaging, integrating WhatsApp’s extensive global user base and secure messaging platform to enhance communication services and connectivity for users worldwide.

Acquires Oculus VR
Acquires Oculus VR

In March 2014, Facebook acquired Oculus VR for $2 billion. This acquisition aimed to pioneer virtual reality technology, integrating Oculus’s innovative VR platform to enhance immersive experiences and expand Facebook’s presence in the emerging VR market.

2015
Facebook Buys And Shuts Down Shopping Site TheFind
Facebook Buys And Shuts Down Shopping Site TheFind

In March 2015, Facebook bought and shut down TheFind, a shopping search engine to enhance Facebook’s advertising platform by including TheFind’s technology, improving ad targeting and personalized shopping experiences for users on the social media platform.

2016
Facebook Acquires Video Filter Aapp MSQRD
Facebook Acquires Video Filter Aapp MSQRD

In March 2016, Facebook acquired MSQRD, a video filter app known for its animated face filters. By this MSQRD’s technology was merged into Facebook’s platform, enhancing its video and photo capabilities to offer more engaging and interactive content for users.

2017
Ozlo, Facebook Bought An AI Startup
Ozlo, Facebook Bought An AI Startup

In July 2017, Facebook bought Ozlo, an AI startup specializing in understanding text-based conversations. This aimed to enhance Facebook’s artificial intelligence capabilities, improving its virtual assistants and chatbots to offer more accurate and context-aware interactions for users.

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