This is a particular trait of Facebook Meta ; the company frequently buys or merges with any company that appears to challenge its business model. Think about Instagram and WhatsApp while we get to the specifics later. Both are major social media platforms that belong to the Facebook Corporation.
Facebook was created by Mark Zuckerberg in 2004 with the express purpose of connecting Harvard students. The platform got over a thousand sign-ups in only one day. Facebook may have been inspired by Mark’s first endeavour, FaceMash. Two Harvard University ladies would be chosen at random for this app, and users would vote on who they thought was the most attractive. Yes, it generated a stir among the administration and students and had to be stopped.
Later, Mark began working on Facebook, which quickly expanded to become the powerful entity it is today. Facebook is a participant in GAFAM, sometimes known as GAMAM. Cryptic Actually, no. GAFAM stands for Facebook Meta, Amazon, Google, Apple, and Microsoft. In contrast, GAMAM stands for Google, Apple, Meta, Amazon, and Microsoft.
The top 5 corporations in the world are listed here. Let’s get into the specifics and identify every business that Facebook Meta owns. You’re ready to go now? Groov So let’s get started.
Facebook Meta Companies in 2022
In the months after its launch in 2010, Instagram showed itself to be a profitable venture. It was so shiny that Mark Zuckerberg was drawn to it. After two years, Facebook Meta bought it for an astounding $1 billion.
In 2011, Meta, the parent company of Facebook Meta , acquired this chat service. It had only been made for a year at that point. Some people think that the app was linked to Facebook Messenger, which came out not long after Beluga was destroyed.
Zenbe is a comparable acquisition that was made in order to build Facebook Messenger. Three individuals from the company who later contributed to Messenger’s tech stack were brought in with the business.
Whatsapp was introduced as a cheaper alternative to the pricey text messaging service, Whatsapp was introduced. That decision paid off, since the platform gained popularity very rapidly. Facebook Meta owns the popular chat programme, which currently has 2 billion active users.
This ambitious start-up is developing technologies for brain computing. In other words, the company is looking into ways for people to control computers with just their thoughts.
Onavo is a web analytics company that, before being incorporated by the largest social media platform in the world, primarily operated consumer-facing apps. Currently, the service protects consumers online, but only at the expense of data collection. Some sources say that the data collected by Onavo tells Facebook Meta about possible rival businesses, apps, and acquisitions.
#5 Oculus VR
A hardware and software company called Oculus VR creates virtual reality devices. One month after Whatsapp was purchased, the company was acquired. Oculus VR then proceeded to acquire Surreal Vision on its own.
Ascenta makes drones that are powered by the sun and are meant to bring the internet to the world’s most remote areas. In order to assist Mark Zuckerberg realise his vision of linking the entire globe, Facebook Meta acquired the company and its five-person technical team. According to rumours, the company was bought for under $20 million.
Another company that specialises in making mobile fitness apps is this one. Moves is one of its most well-known works. This application has an integrated accelerometer that records daily activities. The social media giant’s first endeavour to purchase a digital health platform is ProtoGeo.
Grokstyle, another AI-powered company, was added to Facebook Meta ‘s stock. AI is used by this visual shopping start-up to help customers learn more about different pieces of furniture.Since this was an acquisition hiring, it’s possible that the social media monster was just looking for great AI skills.
This service for emotional detection may interpret user responses and deploy the appropriate emoji. Although the service is not yet completely operational, Facebook hopes to expand the services that Faciometrics offers as it dives deeper into AI and deep learning.
This company connects publications and advertisers through video monetization. Facebook Meta bought LiveRail in July 2014 so that it could offer better video ads on its social media site.In other ways, LiveRail’s may not be as ambitious as Meta imagined, and it hardly ever makes the headlines these days.
The location pinning precision of this computer vision company much exceeds that of GPS. Its main goal is to provide programmers with the freedom to create systems and gadgets that can pinpoint-precisely track their surroundings. The company is only 75% owned by Facebook Meta.
#12 Little Eye Labs
This start-up, which has its roots in India, creates apps for testing Samsung and other mobile apps. In other words, it aids in the efficiency analysis of apps by developers and testers. Facebook Meta purchased it in 2014 for $15 million in the hopes that it would increase the effectiveness of their apps. Little Eye Labs takes pride in being the first company headquartered in India to be purchased by a major social media company.
Giphy is a collection of brief, silent looping videos as well as a search engine. The company expanded swiftly enough for it to even try to provide advertising services. Giphy received half of its traffic from Facebook directly by the end of 2019, so it made sense for the Meta platform to purchase it.
Unfortunately, the UK’s CMA (Competition and Markets Authority) did not let Facebook Meta fully integrate Giphy into its platform. The CMA determined that Facebook must sell Giphy and its assets by November 30th, 2021.
#14 Solution Atlas
Another Facebook subsidiary that Meta Platforms brought on board in 2013 is this one. Microsoft’s new product is an advertising platform with great ways to promote, track, and keep an eye on ads. Unfortunately, services provided by Atlas Solutions were discontinued in 2018.
Mapillary is one of the newest players in the mapping market (a Swedish start-up). This collection gives mapmakers access to street-level photography so they may create better maps and mapping tools.
Mapillary receives data from tens of thousands of eager volunteers as an open-source initiative. Facebook Meta acquired this startup in order to expand their open mapping initiatives.
Facebook Messenger is a product of Facebook Meta itself. They created it from the ground up. But as you are well aware, Zenbe and Beluga were responsible for the tech stack and a portion of the staff.
Whatsapp Messenger is a mobile messaging and calling programme that, like Whatsapp, aspires to displace the pricey services provided by regional network providers.
A startup company called Servicefriend creates hybrid chatbots for messaging services. Facebook Meta hasn’t made it obvious why they bought it. Servicefriend’s co-founders are also working on the Calibra project, so it is likely that they will be asked to make a bot or network of bots for the digital wallet.
FriendFeed served as a platform for gathering and compiling pertinent web-based information. The collected feeds would then be posted on discussion boards or linked to and shared with friends. The service was one of Facebook’s first purchases, but its activities were discontinued in 2015.
Facebook Meta has been purchasing gaming sites, notably PlayGiga, in an effort to diversify its revenue streams outside of digital advertising. The latter is a cloud-based gaming platform with an expanded GaaS (Gaming-as-a-service) architecture that lets new games be made.
Facebook plans to leverage this ID verification start-up to strengthen its digital identification systems. If the social media mogul slowly moves into other profitable niches and markets, he or she may need to prove who they are.
Tbh is a polling app with a positive slant that enables friends and classmates (often teenagers and high school students) to anonymously submit comments to one another. This is accomplished by posing or responding to questions in text boxes.
In order to take advantage of the social media platform’s limitless resources (money and servers), the creators of the app have also relocated to Facebook’s corporate offices. The cost of purchasing the app was reportedly $100 million.
This security start-up develops tools for vetting and safeguarding servers. In order to protect its servers from virus threats, Facebook Meta purchased this start-up.
This is a unified communications option for businesses who want calendars, email, and messaging all under one roof. It’s a fantastic tool that encourages interaction between your partners, teams, and clients.
Facebook Meta intends to include Redkix in Workplace as part of its multi-app strategy to control the digital space and create a collaboration tool that can compete with Slack.
#24 Bloomsbury AI
This technological company is situated in London and has outstanding NLP capabilities. The company gives computers the ability to respond to inquiries using information gleaned from paper.
In reality, Bloomsbury AI is a group of researchers rather than a company with marketable goods. And it looks like Facebook Meta is aiming to onboard them so they can assist with moderation and battle the platform’s bogus news.
This is a client for integrated communication. In essence, it unifies the massive social web, email, instant messaging, Facebook Meta , and Twitter. Thanks to Threadsy, you can now view all of your communications and news feeds from one location. Threadsy’s main goal has changed, and they now help marketers connect with the most influential people.
A few veteran Google employees and Y Combinator alums established Parse, another Facebook Meta -owned company. How does the platform function? Backend tools and services in the cloud that Parse offers help programmers make apps for mobile, desktop, and embedded devices.
Facebook bought Parse to help with the development of new tools for building mobile apps. Or, more precisely, demonstrate why it can be useful to mobile developers as well.
With the help of this software, live broadcasters will be able to display interactive elements like polls and comments. Any component from Twitter, Facebook, Periscope, and other social media sites may be shown on the screen.
Only the personnel and technical infrastructure of Vidpresso were acquired by Facebook. Unless the social media giant decides to do something different, the company will keep working for clients like Nasdaq and Buzzfeed.
For small-to-large enterprises and organisations, Kustomer creates CRM tools. Omnichannel experience, automation, intelligent routing, and outstanding AI performance define its stable environment.
According to online reports, Facebook Meta paid $1 billion for Kustomer, and the UK’s competition watchdog (CMA) gave its approval to the acquisition.
#29 Games Sanzaru
A studio devoted to creating games is called Sanzaru Games. Facebook Meta thinks that Oculus VR will work with the company to make immersive games for VR fans.