Meta (NASDAQ: META) is a publicly listed company headquartered in Menlo Park, California, United States that owns 6 consumer brands, and has 2 recorded transactions.[1]
Meta was called Facebook until 2021, when it renamed itself after the virtual worlds it was then betting on. It owns four of the most used communication services in the world, and American regulators spent years arguing in court that two of those were bought specifically to remove competitors.
Facebook acquired WhatsApp for approximately $19 billion in cash and stock, the largest sum ever paid for a venture-backed company at the time. The European Commission cleared the deal in October 2014.
Facebook acquired Instagram, then a thirteen-person company with no revenue, for about $1 billion in cash and stock. The final consideration fell as Facebook shares declined between announcement and closing.