Last year, Facebook made a very sneaky acquisition, snapping up popular GIF sharing platform, Giphy, in a $400 million deal. The acquisition was done privately, and seemingly at a discount, considering the company had recently been valued at $600 million. That little deal quickly caught the attention of regulators, and …
Read More »Facebook to acquire Giphy for $400 million
Facebook has made a number of huge acquisitions over the years to maintain its dominance in the social media landscape. From the $19 billion and and $1 billion purchases of WhatsApp and Instagram respectively, to the $2 billion buyout that brought Oculus under Facebook's umbrella. The next frontier appears to …
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